Independent Advisor Alliance Makes New $1.05 Million Investment in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Independent Advisor Alliance purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the 4th quarter, Holdings Channel reports. The fund purchased 9,683 shares of the company’s stock, valued at approximately $1,052,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter valued at approximately $137,000. JPMorgan Chase & Co. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 6.9% during the third quarter. JPMorgan Chase & Co. now owns 371,296 shares of the company’s stock valued at $39,974,000 after acquiring an additional 24,000 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 1,657.5% during the third quarter. Assetmark Inc. now owns 1,406 shares of the company’s stock valued at $151,000 after acquiring an additional 1,326 shares in the last quarter. Blue Trust Inc. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 9.3% during the fourth quarter. Blue Trust Inc. now owns 1,176 shares of the company’s stock valued at $128,000 after acquiring an additional 100 shares in the last quarter. Finally, Principal Securities Inc. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 7.4% during the fourth quarter. Principal Securities Inc. now owns 6,701 shares of the company’s stock valued at $728,000 after acquiring an additional 461 shares in the last quarter.

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

iShares S&P Small-Cap 600 Value ETF stock opened at $98.40 on Friday. The company has a 50 day moving average price of $106.99 and a 200-day moving average price of $108.63. iShares S&P Small-Cap 600 Value ETF has a fifty-two week low of $93.89 and a fifty-two week high of $119.28. The company has a market capitalization of $6.48 billion, a PE ratio of 13.19 and a beta of 1.19.

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.