Morris Financial Concepts Inc. Has $1.05 Million Stock Position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Morris Financial Concepts Inc. trimmed its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 8.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,759 shares of the company’s stock after selling 1,006 shares during the quarter. Morris Financial Concepts Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $1,049,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IJS. Castlekeep Investment Advisors LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $309,991,000. Modern Wealth Management LLC grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 18,492.7% during the 4th quarter. Modern Wealth Management LLC now owns 631,779 shares of the company’s stock worth $68,700,000 after buying an additional 628,381 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth about $49,134,000. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 690.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 422,021 shares of the company’s stock worth $41,139,000 after buying an additional 368,663 shares during the period. Finally, Bank of America Corp DE grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 4.1% during the 4th quarter. Bank of America Corp DE now owns 3,501,418 shares of the company’s stock worth $380,289,000 after buying an additional 137,751 shares during the period. 71.86% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.4%

iShares S&P Small-Cap 600 Value ETF stock opened at $103.78 on Friday. The firm has a market capitalization of $6.31 billion, a P/E ratio of 13.92 and a beta of 1.18. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $82.10 and a 1 year high of $119.28. The business has a 50-day moving average of $97.01 and a 200-day moving average of $100.53.

iShares S&P Small-Cap 600 Value ETF Company 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.