Independent Advisor Alliance Makes New Investment in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Independent Advisor Alliance acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,683 shares of the company’s stock, valued at approximately $1,052,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of IJS. Palouse Capital Management Inc. purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $27,000. New Wave Wealth Advisors LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $29,000. Pacific Center for Financial Services purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 3rd quarter valued at about $43,000. Register Financial Advisors LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $44,000. Finally, Smartleaf Asset Management LLC grew its stake in iShares S&P Small-Cap 600 Value ETF by 100.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 431 shares of the company’s stock valued at $47,000 after acquiring an additional 216 shares in the last quarter.

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

NYSEARCA:IJS opened at $98.40 on Friday. The stock’s 50-day moving average is $106.99 and its two-hundred day moving average is $108.63. The stock has a market cap of $6.48 billion, a PE ratio of 13.19 and a beta of 1.19. iShares S&P Small-Cap 600 Value ETF has a fifty-two week low of $93.89 and a fifty-two week high of $119.28.

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.