M1 Capital Management LLC Makes New Investment in iShares S&P Small-Cap 600 Value ETF $IJS

M1 Capital Management LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 31,458 shares of the company’s stock, valued at approximately $3,479,000. iShares S&P Small-Cap 600 Value ETF accounts for about 1.5% of M1 Capital Management LLC’s holdings, making the stock its 20th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. IFG Advisory LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 3rd quarter valued at $211,000. Claro Advisors LLC grew its holdings in iShares S&P Small-Cap 600 Value ETF by 2.0% in the third quarter. Claro Advisors LLC now owns 8,639 shares of the company’s stock worth $955,000 after purchasing an additional 171 shares during the period. Royce & Associates LP acquired a new stake in iShares S&P Small-Cap 600 Value ETF in the third quarter worth $3,395,000. PKS Advisory Services LLC increased its stake in iShares S&P Small-Cap 600 Value ETF by 3.4% in the third quarter. PKS Advisory Services LLC now owns 15,179 shares of the company’s stock valued at $1,679,000 after purchasing an additional 501 shares in the last quarter. Finally, Arete Wealth Advisors LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter valued at about $226,000. 71.86% of the stock is currently owned by institutional investors.

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

IJS stock opened at $121.29 on Friday. The company’s 50-day moving average is $121.62 and its 200-day moving average is $114.79. The stock has a market capitalization of $7.48 billion, a PE ratio of 13.92 and a beta of 1.08. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $82.10 and a 1 year high of $127.85.

iShares S&P Small-Cap 600 Value ETF Company Profile

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.