Palouse Capital Management Inc. Invests $27,000 in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Palouse Capital Management Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 244 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 28.0% in the third quarter. Commonwealth Equity Services LLC now owns 647,373 shares of the company’s stock valued at $69,696,000 after buying an additional 141,658 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 6.9% in the third quarter. JPMorgan Chase & Co. now owns 371,296 shares of the company’s stock valued at $39,974,000 after buying an additional 24,000 shares during the period. World Investment Advisors LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 6,991.4% in the third quarter. World Investment Advisors LLC now owns 363,078 shares of the company’s stock valued at $39,228,000 after buying an additional 357,958 shares during the period. HighTower Advisors LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 8.3% in the third quarter. HighTower Advisors LLC now owns 356,781 shares of the company’s stock valued at $38,433,000 after buying an additional 27,210 shares during the period. Finally, GW Henssler & Associates Ltd. lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 1.8% in the third quarter. GW Henssler & Associates Ltd. now owns 314,094 shares of the company’s stock valued at $33,815,000 after buying an additional 5,453 shares during the period.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.1 %

IJS stock opened at $108.93 on Friday. The firm has a market cap of $7.62 billion, a price-to-earnings ratio of 11.70 and a beta of 1.20. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $93.89 and a 12-month high of $119.28. The company’s fifty day simple moving average is $110.17 and its 200 day simple moving average is $108.66.

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.