Abacus Planning Group Inc. Has $5.27 Million Position in iShares S&P Small-Cap 600 Value ETF $IJS

Abacus Planning Group Inc. lifted its stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 91.8% in the second quarter, HoldingsChannel.com reports. The firm owned 52,954 shares of the company’s stock after purchasing an additional 25,344 shares during the quarter. Abacus Planning Group Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $5,268,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hilltop National Bank acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the second quarter valued at approximately $101,000. Patriot Financial Group Insurance Agency LLC boosted its stake in iShares S&P Small-Cap 600 Value ETF by 3.3% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 45,036 shares of the company’s stock valued at $4,481,000 after acquiring an additional 1,456 shares during the last quarter. Philip James Wealth Mangement LLC boosted its stake in iShares S&P Small-Cap 600 Value ETF by 7.1% in the second quarter. Philip James Wealth Mangement LLC now owns 2,264 shares of the company’s stock valued at $225,000 after acquiring an additional 150 shares during the last quarter. Pure Financial Advisors LLC boosted its stake in iShares S&P Small-Cap 600 Value ETF by 6.9% in the second quarter. Pure Financial Advisors LLC now owns 5,512 shares of the company’s stock valued at $548,000 after acquiring an additional 355 shares during the last quarter. Finally, SigFig Wealth Management LLC boosted its stake in iShares S&P Small-Cap 600 Value ETF by 20.3% in the second quarter. SigFig Wealth Management LLC now owns 11,333 shares of the company’s stock valued at $1,130,000 after acquiring an additional 1,911 shares during the last quarter. Institutional investors and hedge funds own 71.86% of the company’s stock.

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

Shares of IJS stock opened at $111.61 on Friday. iShares S&P Small-Cap 600 Value ETF has a 52-week low of $82.10 and a 52-week high of $119.28. The stock has a market cap of $6.80 billion, a PE ratio of 13.92 and a beta of 1.18. The firm’s 50 day moving average price is $107.49 and its two-hundred day moving average price is $100.23.

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.