MV Capital Management Inc. Sells 872 Shares of iShares S&P Small-Cap 600 Value ETF $IJS

MV Capital Management Inc. decreased its holdings in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 32.7% in the 2nd quarter, Holdings Channel reports. The fund owned 1,797 shares of the company’s stock after selling 872 shares during the period. MV Capital Management Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $179,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Diversified Trust Co bought a new stake in iShares S&P Small-Cap 600 Value ETF during the second quarter valued at $268,000. Geneos Wealth Management Inc. raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 77.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,137 shares of the company’s stock valued at $111,000 after acquiring an additional 498 shares in the last quarter. Hilltop National Bank bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 2nd quarter valued at about $101,000. Neumann Capital Management LLC grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 4.1% during the second quarter. Neumann Capital Management LLC now owns 26,520 shares of the company’s stock worth $2,638,000 after purchasing an additional 1,050 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 18.3% in the first quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock worth $84,332,000 after purchasing an additional 133,573 shares during the last quarter. 71.86% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $112.52 on Thursday. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $82.10 and a 1 year high of $119.28. The firm has a market cap of $6.67 billion, a PE ratio of 13.92 and a beta of 1.08. The company has a 50 day simple moving average of $110.70 and a two-hundred day simple moving average of $104.08.

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.