Envestnet Asset Management Inc. Decreases Stock Holdings in iShares S&P Small-Cap 600 Value ETF $IJS

Envestnet Asset Management Inc. reduced its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 599,325 shares of the company’s stock after selling 8,248 shares during the period. Envestnet Asset Management Inc. owned 1.01% of iShares S&P Small-Cap 600 Value ETF worth $66,279,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IJS. Root Financial Partners LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF in the 3rd quarter valued at $29,000. Trust Co. of Toledo NA OH acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 2nd quarter valued at about $30,000. Caldwell Trust Co purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the second quarter valued at about $30,000. AlphaCore Capital LLC increased its position in iShares S&P Small-Cap 600 Value ETF by 49.3% during the second quarter. AlphaCore Capital LLC now owns 333 shares of the company’s stock worth $33,000 after purchasing an additional 110 shares during the last quarter. Finally, Simplex Trading LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the second quarter worth about $34,000. Institutional investors and hedge funds own 71.86% of the company’s stock.

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

Shares of IJS stock opened at $126.53 on Monday. The company has a market capitalization of $7.81 billion, a PE ratio of 13.92 and a beta of 1.08. The firm’s 50-day moving average is $118.23 and its two-hundred day moving average is $112.10. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $82.10 and a 12 month high of $126.77.

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.