PNC Financial Services Group Inc. lessened its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS – Free Report) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 557,667 shares of the company’s stock after selling 11,501 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $63,418,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Merrithew & Thorsten Inc acquired a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $25,000. Accredited Wealth Management LLC grew its holdings in iShares S&P Small-Cap 600 Value ETF by 409.6% during the third quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock valued at $29,000 after purchasing an additional 213 shares during the last quarter. Root Financial Partners LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF during the third quarter valued at approximately $29,000. Capital Investment Counsel Inc acquired a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $30,000. Finally, CoreCap Advisors LLC grew its holdings in iShares S&P Small-Cap 600 Value ETF by 39.7% during the fourth quarter. CoreCap Advisors LLC now owns 327 shares of the company’s stock valued at $37,000 after purchasing an additional 93 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 Up 0.5%
Shares of IJS stock opened at $128.32 on Friday. The business’s 50 day moving average is $123.19 and its two-hundred day moving average is $119.65. The company has a market cap of $7.85 billion, a PE ratio of 13.92 and a beta of 1.01. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $93.17 and a 12 month high of $130.85.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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