JMG Financial Group Ltd. Makes New Investment in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

JMG Financial Group Ltd. bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,037 shares of the company’s stock, valued at approximately $519,000.

A number of other hedge funds have also recently modified their holdings of IJS. Parkside Financial Bank & Trust grew its position in iShares S&P Small-Cap 600 Value ETF by 2,505.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 40,560 shares of the company’s stock valued at $4,181,000 after acquiring an additional 39,003 shares during the last quarter. National Wealth Management Group LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $1,126,000. Foster & Motley Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at $235,000. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth $470,000. Finally, Capital Investment Advisory Services LLC grew its stake in iShares S&P Small-Cap 600 Value ETF by 17.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 5,214 shares of the company’s stock worth $537,000 after buying an additional 787 shares during the last quarter.

iShares S&P Small-Cap 600 Value ETF Stock Up 1.8 %

Shares of iShares S&P Small-Cap 600 Value ETF stock traded up $1.70 during midday trading on Tuesday, hitting $98.13. The company had a trading volume of 431,085 shares, compared to its average volume of 495,804. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $81.81 and a 12-month high of $105.10. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 11.56 and a beta of 1.24. The company has a fifty day simple moving average of $99.05 and a 200 day simple moving average of $95.83.

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.