Royal Bank of Canada Raises Stock Position in iShares S&P Small-Cap 600 Value ETF $IJS

Royal Bank of Canada boosted its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 6.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 550,910 shares of the company’s stock after purchasing an additional 33,430 shares during the period. Royal Bank of Canada owned approximately 0.90% of iShares S&P Small-Cap 600 Value ETF worth $65,254,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Certuity LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $495,000. Comerica Bank boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.7% in the fourth quarter. Comerica Bank now owns 95,512 shares of the company’s stock worth $10,862,000 after buying an additional 5,958 shares during the last quarter. Hudson Oak Wealth Advisory LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $1,450,000. Roman Butler Fullerton & Co. bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at $2,692,000. Finally, Diversified Management Inc. bought a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at about $781,000. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.1%

iShares S&P Small-Cap 600 Value ETF stock opened at $135.96 on Friday. The firm has a market capitalization of $8.14 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $97.90 and a 12-month high of $138.60. The firm has a 50 day moving average of $134.21 and a 200 day moving average of $126.97.

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.