Sowell Financial Services LLC Buys New Position in iShares S&P Small-Cap 600 Value ETF $IJS

Sowell Financial Services LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the third quarter, Holdings Channel.com reports. The fund bought 54,928 shares of the company’s stock, valued at approximately $7,036,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Quadrant Capital Group LLC bought a new position in iShares S&P Small-Cap 600 Value ETF in the 3rd quarter worth approximately $302,000. Ironwood Financial llc acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter worth approximately $6,638,000. Wagner Wealth Management Corp lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 62.3% during the third quarter. Wagner Wealth Management Corp now owns 4,871 shares of the company’s stock worth $624,000 after buying an additional 1,869 shares during the last quarter. Cordatus Wealth Management LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 1,102.1% in the third quarter. Cordatus Wealth Management LLC now owns 78,907 shares of the company’s stock valued at $10,108,000 after acquiring an additional 72,343 shares during the period. Finally, Powerhouse Assets LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 6.3% in the third quarter. Powerhouse Assets LLC now owns 8,807 shares of the company’s stock valued at $1,128,000 after acquiring an additional 522 shares during the period. Institutional investors and hedge funds own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.4%

IJS opened at $130.14 on Wednesday. The business has a 50 day moving average of $133.55 and a 200-day moving average of $132.23. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 13.92 and a beta of 1.02. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $104.63 and a 1-year high of $141.18.

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