Keenan LLC Takes Position in iShares S&P Small-Cap 600 Value ETF $IJS

Keenan LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the fourth quarter, Holdings Channel.com reports. The firm purchased 16,308 shares of the company’s stock, valued at approximately $1,855,000. iShares S&P Small-Cap 600 Value ETF comprises 1.6% of Keenan LLC’s investment portfolio, making the stock its 17th largest position.

Several other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its position in iShares S&P Small-Cap 600 Value ETF by 6.0% during the fourth quarter. Brighton Jones LLC now owns 7,688 shares of the company’s stock valued at $835,000 after purchasing an additional 436 shares during the period. AQR Capital Management LLC grew its position in iShares S&P Small-Cap 600 Value ETF by 189.9% in the 1st quarter. AQR Capital Management LLC now owns 7,247 shares of the company’s stock worth $706,000 after purchasing an additional 4,747 shares during the period. Goldman Sachs Group Inc. grew its position in iShares S&P Small-Cap 600 Value ETF by 9.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 188,181 shares of the company’s stock worth $18,344,000 after purchasing an additional 15,669 shares during the period. Jane Street Group LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 751.6% during the 1st quarter. Jane Street Group LLC now owns 26,400 shares of the company’s stock valued at $2,573,000 after buying an additional 23,300 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in iShares S&P Small-Cap 600 Value ETF by 2.5% during the 2nd quarter. First Trust Advisors LP now owns 5,546 shares of the company’s stock valued at $552,000 after buying an additional 136 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 Price Performance

NYSEARCA IJS opened at $133.32 on Friday. The business’s fifty day moving average price is $129.18 and its 200-day moving average price is $122.77. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $95.98 and a 1-year high of $136.22.

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.