Royal Fund Management LLC Invests $13.47 Million in iShares S&P Small-Cap 600 Value ETF $IJS

Royal Fund Management LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 113,743 shares of the company’s stock, valued at approximately $13,473,000. iShares S&P Small-Cap 600 Value ETF accounts for approximately 1.3% of Royal Fund Management LLC’s portfolio, making the stock its 11th largest holding. Royal Fund Management LLC owned about 0.19% of iShares S&P Small-Cap 600 Value ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IJS. Bank of America Corp DE grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 0.6% during the 3rd quarter. Bank of America Corp DE now owns 3,285,564 shares of the company’s stock valued at $363,350,000 after purchasing an additional 21,122 shares during the period. UBS Group AG lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 7.8% in the 3rd quarter. UBS Group AG now owns 1,121,202 shares of the company’s stock worth $123,994,000 after purchasing an additional 80,921 shares during the period. Valpey Financial Services LLC lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 11,307.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock worth $122,029,000 after purchasing an additional 1,063,657 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.1% in the third quarter. Ameriprise Financial Inc. now owns 713,490 shares of the company’s stock worth $79,114,000 after buying an additional 40,917 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.5% in the first quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock worth $65,254,000 after buying an additional 33,430 shares during the last quarter. Hedge funds and other institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Trading Down 1.0%

Shares of NYSEARCA IJS opened at $135.86 on Thursday. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $97.90 and a 12-month high of $138.60. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99. The firm has a 50 day moving average of $133.93 and a 200 day moving average of $126.79.

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.