IFP Advisors Inc Decreases Position in iShares S&P Small-Cap 600 Value ETF $IJS

IFP Advisors Inc lowered its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 35.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,569 shares of the company’s stock after selling 24,570 shares during the quarter. IFP Advisors Inc owned about 0.08% of iShares S&P Small-Cap 600 Value ETF worth $5,040,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of IJS. Bank of America Corp DE boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 0.6% in the 3rd quarter. Bank of America Corp DE now owns 3,285,564 shares of the company’s stock worth $363,350,000 after acquiring an additional 21,122 shares during the period. UBS Group AG raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 7.8% during the third quarter. UBS Group AG now owns 1,121,202 shares of the company’s stock valued at $123,994,000 after purchasing an additional 80,921 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 713,490 shares of the company’s stock valued at $79,114,000 after purchasing an additional 40,917 shares during the period. Tcfg Wealth Management LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 8,726.1% during the third quarter. Tcfg Wealth Management LLC now owns 432,301 shares of the company’s stock worth $47,808,000 after purchasing an additional 427,403 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 4.4% during the third quarter. HighTower Advisors LLC now owns 388,201 shares of the company’s stock worth $42,932,000 after purchasing an additional 16,285 shares in 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 Trading Up 0.4%

Shares of IJS stock opened at $116.10 on Friday. The firm has a fifty day simple moving average of $121.85 and a 200-day simple moving average of $115.42. The company has a market capitalization of $7.16 billion, a PE ratio of 13.92 and a beta of 1.08. iShares S&P Small-Cap 600 Value ETF has a twelve month low of $82.10 and a twelve month high of $127.85.

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.