Royal Bank of Canada Grows Position in iShares S&P Small-Cap 600 Value ETF $IJS

Royal Bank of Canada increased its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 6.5% in the first quarter, Holdings Channel.com reports. The fund owned 550,910 shares of the company’s stock after purchasing an additional 33,430 shares during the period. Royal Bank of Canada’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $65,254,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE increased 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 valued at $363,350,000 after acquiring an additional 21,122 shares during the last quarter. UBS Group AG lifted its stake in 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 in the last quarter. Valpey Financial Services LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock valued at $122,029,000 after purchasing an additional 1,063,657 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.1% during the 3rd 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 last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 29.3% during the 4th quarter. HighTower Advisors LLC now owns 502,097 shares of the company’s stock valued at $57,099,000 after purchasing an additional 113,896 shares during the last quarter. 71.86% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.1%

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $135.96 on Friday. iShares S&P Small-Cap 600 Value ETF has a twelve month low of $97.90 and a twelve month high of $138.60. The business has a 50-day moving average price of $134.21 and a 200-day moving average price of $126.97. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99.

iShares S&P Small-Cap 600 Value ETF 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.