Harbor Investment Advisory LLC Trims Stock Position in iShares S&P Small-Cap 600 Value ETF $IJS

Harbor Investment Advisory LLC cut its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 7.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,779 shares of the company’s stock after selling 150 shares during the period. Harbor Investment Advisory LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $177,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 15.2% during the 1st quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock valued at $89,908,000 after acquiring an additional 121,334 shares during the last quarter. LPL Financial LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 18.3% during the 1st quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock valued at $84,332,000 after acquiring an additional 133,573 shares during 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 1st quarter. Envestnet Asset Management Inc. now owns 631,786 shares of the company’s stock worth $61,587,000 after buying 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 4th quarter. Royal Bank of Canada now owns 486,652 shares of the company’s stock worth $52,856,000 after buying 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 1st quarter. HighTower Advisors LLC now owns 424,984 shares of the company’s stock worth $41,427,000 after buying an additional 43,728 shares in the last quarter. 71.86% of the stock is owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Down 1.3%

Shares of IJS stock opened at $110.48 on Monday. The company has a market cap of $6.73 billion, a price-to-earnings ratio of 13.92 and a beta of 1.18. The stock has a 50 day simple moving average of $105.43 and a 200-day simple moving average of $99.19. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $82.10 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.