Sowell Financial Services LLC Acquires 5,478 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Sowell Financial Services LLC grew its position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 12.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,595 shares of the company’s stock after purchasing an additional 5,478 shares during the period. Sowell Financial Services LLC owned about 0.07% of iShares S&P Small-Cap 600 Value ETF worth $5,387,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Kendall Capital Management lifted its stake in iShares S&P Small-Cap 600 Value ETF by 3.1% during the fourth quarter. Kendall Capital Management now owns 5,951 shares of the company’s stock worth $646,000 after purchasing an additional 179 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 53.4% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 40,071 shares of the company’s stock worth $4,352,000 after buying an additional 13,948 shares during the period. Raymond James Financial Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $49,134,000. Dana Investment Advisors Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.4% in the fourth quarter. Dana Investment Advisors Inc. now owns 5,664 shares of the company’s stock worth $615,000 after buying an additional 340 shares during the period. Finally, SPC Financial Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.1% in the fourth quarter. SPC Financial Inc. now owns 239,977 shares of the company’s stock worth $26,064,000 after buying an additional 4,843 shares during the period.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.8 %

IJS opened at $101.49 on Friday. The company has a market cap of $7.02 billion, a P/E ratio of 14.55 and a beta of 1.18. The business’s 50-day moving average price is $108.05 and its 200-day moving average price is $108.90. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $93.89 and a 12 month high of $119.28.

iShares S&P Small-Cap 600 Value ETF 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.