Ramiah Investment Group Lowers Stake in iShares S&P Small-Cap 600 Value ETF $IJS

Ramiah Investment Group reduced its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 70.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 8,521 shares of the company’s stock after selling 19,842 shares during the period. iShares S&P Small-Cap 600 Value ETF makes up 0.9% of Ramiah Investment Group’s investment portfolio, making the stock its 20th biggest position. Ramiah Investment Group’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $1,009,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in iShares S&P Small-Cap 600 Value ETF by 6.0% during the fourth quarter. Brighton Jones LLC now owns 7,688 shares of the company’s stock valued at $835,000 after purchasing an additional 436 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 189.9% in the 1st quarter. AQR Capital Management LLC now owns 7,247 shares of the company’s stock worth $706,000 after purchasing an additional 4,747 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 9.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 188,181 shares of the company’s stock valued at $18,344,000 after purchasing an additional 15,669 shares during the last quarter. Jane Street Group LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 751.6% during the 1st quarter. Jane Street Group LLC now owns 26,400 shares of the company’s stock valued at $2,573,000 after purchasing an additional 23,300 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 2.5% during the 2nd quarter. First Trust Advisors LP now owns 5,546 shares of the company’s stock valued at $552,000 after purchasing an additional 136 shares during the last quarter. 71.86% of the stock is currently owned by hedge funds and other institutional investors.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.0%

Shares of NYSEARCA IJS opened at $136.93 on Friday. The stock’s 50-day moving average is $130.23 and its 200 day moving average is $123.49. The stock has a market cap of $8.38 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $97.90 and a 1-year high of $137.07.

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.