Towerpoint Wealth LLC Takes Position in iShares S&P Small-Cap 600 Value ETF $IJS

Towerpoint Wealth LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,196 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ameriprise Financial Inc. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 15.2% during the first quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock valued at $89,908,000 after purchasing an additional 121,334 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 18.3% during the first quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock valued at $84,332,000 after purchasing an additional 133,573 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% during the first quarter. Envestnet Asset Management Inc. now owns 631,786 shares of the company’s stock valued at $61,587,000 after purchasing an additional 16,196 shares in the last quarter. Royal Bank of Canada raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 7.1% during the fourth quarter. Royal Bank of Canada now owns 486,652 shares of the company’s stock valued at $52,856,000 after purchasing an additional 32,247 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 11.5% during the first quarter. HighTower Advisors LLC now owns 424,984 shares of the company’s stock valued at $41,427,000 after purchasing an additional 43,728 shares in the last quarter. 71.86% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Down 0.7%

Shares of iShares S&P Small-Cap 600 Value ETF stock opened at $109.88 on Wednesday. The company’s 50-day moving average price is $105.73 and its two-hundred day moving average price is $99.30. iShares S&P Small-Cap 600 Value ETF has a 52 week low of $82.10 and a 52 week high of $119.28. The stock has a market cap of $6.70 billion, a PE ratio of 13.92 and a beta of 1.18.

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.