Sax Wealth Advisors LLC Has $8.90 Million Stock Holdings in iShares S&P Small-Cap 600 Value ETF $IJS

Sax Wealth Advisors LLC increased its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 6.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 65,132 shares of the company’s stock after purchasing an additional 4,202 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $8,902,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IJS. Valpey Financial Services LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock worth $122,029,000 after buying an additional 1,063,657 shares during the period. Modern Wealth Management LLC grew its stake in iShares S&P Small-Cap 600 Value ETF by 11,921.0% in the first quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after acquiring an additional 408,412 shares during the period. Sharp Wealth Advisory LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF in the first quarter valued at approximately $32,233,000. AlphaCore Capital LLC increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 72,965.5% during the fourth quarter. AlphaCore Capital LLC now owns 243,308 shares of the company’s stock valued at $27,669,000 after acquiring an additional 242,975 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 96.3% during the fourth quarter. Focus Partners Wealth now owns 294,751 shares of the company’s stock valued at $33,519,000 after acquiring an additional 144,571 shares in the last quarter. 71.86% of the stock is owned by institutional investors.

iShares S&P Small-Cap 600 Value ETF Stock Up 1.0%

Shares of NYSEARCA:IJS opened at $139.19 on Friday. iShares S&P Small-Cap 600 Value ETF has a twelve month low of $101.20 and a twelve month high of $140.39. The stock’s 50 day moving average is $135.01 and its 200-day moving average is $127.59. The firm has a market capitalization of $8.34 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00.

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.