USA Financial Formulas Buys Shares of 927,820 iShares S&P Small-Cap 600 Value ETF $IJS

USA Financial Formulas purchased a new stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the first quarter, according to its most recent filing with the SEC. The firm purchased 927,820 shares of the company’s stock, valued at approximately $109,900,000. iShares S&P Small-Cap 600 Value ETF accounts for 20.1% of USA Financial Formulas’ portfolio, making the stock its biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Summit Global Investments raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% in the 1st quarter. Summit Global Investments now owns 3,164 shares of the company’s stock worth $375,000 after acquiring an additional 79 shares in the last quarter. Serenity Investment Advisors boosted its position in iShares S&P Small-Cap 600 Value ETF by 1.3% during the first quarter. Serenity Investment Advisors now owns 6,312 shares of the company’s stock valued at $817,000 after purchasing an additional 80 shares in the last quarter. Integrated Investment Consultants LLC boosted its position in iShares S&P Small-Cap 600 Value ETF by 3.6% during the fourth quarter. Integrated Investment Consultants LLC now owns 2,371 shares of the company’s stock valued at $270,000 after purchasing an additional 82 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in iShares S&P Small-Cap 600 Value ETF by 1.0% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 9,799 shares of the company’s stock valued at $1,115,000 after purchasing an additional 98 shares during the last quarter. Finally, Stephens Inc. AR grew its stake in iShares S&P Small-Cap 600 Value ETF by 2.0% in the fourth quarter. Stephens Inc. AR now owns 5,144 shares of the company’s stock valued at $585,000 after purchasing an additional 102 shares during the last quarter. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $140.68 on Friday. The company has a market capitalization of $8.43 billion, a PE ratio of 13.92 and a beta of 1.00. The company has a 50-day simple moving average of $135.81 and a two-hundred day simple moving average of $128.19. iShares S&P Small-Cap 600 Value ETF has a one year low of $104.53 and a one year high of $141.18.

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