M&T Bank Corp Reduces Position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

M&T Bank Corp trimmed its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 19.8% in the fourth quarter, Holdings Channel reports. The fund owned 1,216,170 shares of the company’s stock after selling 300,225 shares during the period. M&T Bank Corp’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $132,088,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. World Investment Advisors LLC increased its stake in iShares S&P Small-Cap 600 Value ETF by 6,991.4% in the 3rd quarter. World Investment Advisors LLC now owns 363,078 shares of the company’s stock valued at $39,228,000 after purchasing an additional 357,958 shares in the last quarter. Life Planning Partners Inc grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 10,761.0% in the fourth quarter. Life Planning Partners Inc now owns 281,952 shares of the company’s stock valued at $30,623,000 after purchasing an additional 279,356 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 253.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 196,877 shares of the company’s stock valued at $21,196,000 after acquiring an additional 141,192 shares during the last quarter. Clear Creek Financial Management LLC boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 1,294.3% in the fourth quarter. Clear Creek Financial Management LLC now owns 103,875 shares of the company’s stock valued at $11,282,000 after acquiring an additional 96,425 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 605.3% in the third quarter. Prospera Financial Services Inc now owns 86,731 shares of the company’s stock valued at $9,338,000 after acquiring an additional 74,434 shares during the last quarter.

iShares S&P Small-Cap 600 Value ETF Price Performance

Shares of IJS opened at $100.25 on Wednesday. The stock’s 50-day moving average is $108.73 and its two-hundred day moving average is $109.03. The stock has a market cap of $6.94 billion, a PE ratio of 14.55 and a beta of 1.18. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $93.89 and a 12 month high of $119.28.

About iShares S&P Small-Cap 600 Value ETF

iShares S&P Small-Cap 600 Value ETF, formerly iShares S&P SmallCap 600 Value Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P SmallCap 600 Value Index (the Index). The Index measures the performance of the small-capitalization value sector of the United States equity market and consists of those stocks in the S&P SmallCap 600 Index exhibiting the strongest value characteristics.