USA Financial Formulas Invests $109.90 Million in iShares S&P Small-Cap 600 Value ETF $IJS

USA Financial Formulas purchased a new stake in shares of 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 purchased 927,820 shares of the company’s stock, valued at approximately $109,900,000. iShares S&P Small-Cap 600 Value ETF makes up about 20.1% of USA Financial Formulas’ portfolio, making the stock its largest position. USA Financial Formulas owned about 1.55% of iShares S&P Small-Cap 600 Value ETF at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Certuity LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth $495,000. Comerica Bank increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 6.7% during the fourth quarter. Comerica Bank now owns 95,512 shares of the company’s stock valued at $10,862,000 after buying an additional 5,958 shares during the period. Centaurus Financial Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the first quarter valued at about $12,060,000. Three Seasons Wealth LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 464.0% in the first quarter. Three Seasons Wealth LLC now owns 29,371 shares of the company’s stock valued at $3,479,000 after acquiring an additional 24,163 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 66.0% in the fourth quarter. Concurrent Investment Advisors LLC now owns 60,730 shares of the company’s stock worth $6,906,000 after acquiring an additional 24,140 shares during the period. Hedge funds and other institutional investors own 71.86% of the company’s stock.

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

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $140.68 on Friday. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $104.53 and a 1 year high of $141.18. The firm’s 50-day moving average is $135.81 and its two-hundred day moving average is $128.19. The stock has a market cap of $8.43 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00.

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.