Almanack Investment Partners LLC. Takes $348,000 Position in iShares S&P Small-Cap 600 Value ETF $IJS

Almanack Investment Partners LLC. bought a new stake in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,495 shares of the company’s stock, valued at approximately $348,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 15.2% in the 1st quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock valued at $89,908,000 after buying an additional 121,334 shares during the period. LPL Financial LLC increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 18.3% in the 1st quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock valued at $84,332,000 after buying an additional 133,573 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 631,786 shares of the company’s stock worth $61,587,000 after purchasing an additional 16,196 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 11.5% in the 1st quarter. HighTower Advisors LLC now owns 424,984 shares of the company’s stock worth $41,427,000 after purchasing an additional 43,728 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 690.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 422,021 shares of the company’s stock worth $41,139,000 after purchasing an additional 368,663 shares during the last quarter. 71.86% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Value ETF Stock Up 2.3%

NYSEARCA:IJS opened at $108.36 on Tuesday. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $82.10 and a 12-month high of $119.28. The firm has a market capitalization of $6.49 billion, a P/E ratio of 13.92 and a beta of 1.18. The stock’s fifty day simple moving average is $108.62 and its 200-day simple moving average is $100.76.

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.