Ellis Investment Partners LLC Sells 4,576 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Ellis Investment Partners LLC lessened its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 2.9% in the second quarter, HoldingsChannel reports. The fund owned 154,612 shares of the company’s stock after selling 4,576 shares during the quarter. iShares S&P Small-Cap 600 Value ETF makes up approximately 3.2% of Ellis Investment Partners LLC’s holdings, making the stock its 6th largest holding. Ellis Investment Partners LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $15,039,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Belpointe Asset Management LLC grew its position in iShares S&P Small-Cap 600 Value ETF by 40.7% in the 4th quarter. Belpointe Asset Management LLC now owns 8,535 shares of the company’s stock valued at $880,000 after purchasing an additional 2,471 shares during the period. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth about $253,000. Apexium Financial LP acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth about $333,000. Frazier Financial Advisors LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth about $43,000. Finally, Richardson Financial Services Inc. bought a new position in iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at about $99,000.

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

IJS stock opened at $102.56 on Friday. The company has a market capitalization of $7.17 billion, a P/E ratio of 11.70 and a beta of 1.20. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $81.81 and a 52-week high of $111.05. The business has a 50-day simple moving average of $103.13 and a two-hundred day simple moving average of $100.27.

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.