iShares S&P Small-Cap 600 Value ETF $IJS Shares Newly Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. acquired a new stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,962 shares of the company’s stock, valued at approximately $508,000.

Other hedge funds have also recently modified their holdings of the company. USA Financial Formulas purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 1st quarter worth approximately $109,900,000. Modern Wealth Management LLC grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 11,921.0% in the first quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after acquiring an additional 408,412 shares in the last quarter. Sharp Wealth Advisory LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the first quarter valued at approximately $32,233,000. Concurrent Investment Advisors LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 208.7% during the second quarter. Concurrent Investment Advisors LLC now owns 188,438 shares of the company’s stock valued at $25,756,000 after acquiring an additional 127,398 shares during the last quarter. Finally, Royal Fund Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the first quarter valued at approximately $13,473,000. Institutional investors own 71.86% of the company’s stock.

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

Shares of IJS opened at $131.44 on Monday. The stock has a 50 day moving average of $133.01 and a 200 day moving average of $132.48. The company has a market capitalization of $7.64 billion, a price-to-earnings ratio of 13.92 and a beta of 1.02. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $104.63 and a 12 month high of $141.18.

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.