Palisades Hudson Asset Management L.P. Increases Holdings in iShares S&P Small-Cap 600 Value ETF $IJS

Palisades Hudson Asset Management L.P. increased its position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 305,007 shares of the company’s stock after acquiring an additional 4,146 shares during the quarter. iShares S&P Small-Cap 600 Value ETF comprises about 12.2% of Palisades Hudson Asset Management L.P.’s investment portfolio, making the stock its largest position. Palisades Hudson Asset Management L.P. owned approximately 0.51% of iShares S&P Small-Cap 600 Value ETF worth $33,731,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IJS. World Investment Advisors raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 4,702.1% during the 3rd quarter. World Investment Advisors now owns 362,321 shares of the company’s stock valued at $40,069,000 after acquiring an additional 354,776 shares during the last quarter. Modera Wealth Management LLC raised its holdings in iShares S&P Small-Cap 600 Value ETF by 19.6% in the second quarter. Modera Wealth Management LLC now owns 849,875 shares of the company’s stock worth $84,554,000 after purchasing an additional 139,194 shares during the period. Laurel Wealth Advisors LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 9,846.7% during the second quarter. Laurel Wealth Advisors LLC now owns 117,868 shares of the company’s stock worth $11,727,000 after purchasing an additional 116,683 shares in the last quarter. Redwood Investment Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 2nd quarter valued at $10,220,000. Finally, Brown Advisory Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 684.9% during the 2nd quarter. Brown Advisory Inc. now owns 108,548 shares of the company’s stock worth $10,799,000 after buying an additional 94,719 shares during the period. Institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Stock Up 1.2%

Shares of IJS stock opened at $124.89 on Friday. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $82.10 and a 12-month high of $127.85. The firm has a fifty day moving average of $119.37 and a 200-day moving average of $112.74. The company has a market capitalization of $7.71 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.