iShares S&P Small-Cap 600 Value ETF $IJS Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC trimmed its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,257 shares of the company’s stock after selling 2,245 shares during the quarter. iShares S&P Small-Cap 600 Value ETF comprises 0.9% of Phillips Financial Management LLC’s investment portfolio, making the stock its 28th biggest holding. Phillips Financial Management LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $12,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. lifted its position in iShares S&P Small-Cap 600 Value ETF by 15.2% during the 1st quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock worth $89,908,000 after acquiring an additional 121,334 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 18.3% in the 1st quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock valued at $84,332,000 after buying an additional 133,573 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 631,786 shares of the company’s stock valued at $61,587,000 after buying an additional 16,196 shares during the period. HighTower Advisors LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 11.5% in the 1st quarter. HighTower Advisors LLC now owns 424,984 shares of the company’s stock valued at $41,427,000 after buying an additional 43,728 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 8.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 377,463 shares of the company’s stock valued at $36,795,000 after buying an additional 28,343 shares during the period. 71.86% of the stock is owned by institutional investors and hedge funds.

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

IJS opened at $111.39 on Wednesday. The business has a 50 day simple moving average of $109.63 and a 200-day simple moving average of $101.37. The stock has a market capitalization of $6.65 billion, a P/E ratio of 13.92 and a beta of 1.18. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $82.10 and a 12 month high of $119.28.

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.