Pinnacle Wealth Management Advisory Group LLC Sells 1,271 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Pinnacle Wealth Management Advisory Group LLC lessened its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 8.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,275 shares of the company’s stock after selling 1,271 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $1,471,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in iShares S&P Small-Cap 600 Value ETF by 41.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 701,679 shares of the company’s stock valued at $72,322,000 after acquiring an additional 204,811 shares during the last quarter. FMR LLC increased its holdings in iShares S&P Small-Cap 600 Value ETF by 15.2% in the 3rd quarter. FMR LLC now owns 1,154,002 shares of the company’s stock worth $102,960,000 after acquiring an additional 152,014 shares during the last quarter. Comerica Bank bought a new stake in iShares S&P Small-Cap 600 Value ETF in the 3rd quarter valued at about $13,519,000. Granite Bay Wealth Management LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at about $9,590,000. Finally, Regal Investment Advisors LLC boosted its position in iShares S&P Small-Cap 600 Value ETF by 847.6% during the third quarter. Regal Investment Advisors LLC now owns 72,064 shares of the company’s stock worth $6,430,000 after purchasing an additional 64,459 shares during the period.

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

NYSEARCA IJS traded up $0.12 during trading hours on Wednesday, hitting $99.80. The company had a trading volume of 153,723 shares, compared to its average volume of 466,773. The firm has a 50 day simple moving average of $98.78 and a 200 day simple moving average of $96.71. iShares S&P Small-Cap 600 Value ETF has a 52 week low of $81.81 and a 52 week high of $105.10. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 11.70 and a beta of 1.20.

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.