Modera Wealth Management LLC Sells 11,180 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Modera Wealth Management LLC lessened its position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.5% during the fourth quarter, Holdings Channel reports. The fund owned 752,320 shares of the company’s stock after selling 11,180 shares during the period. iShares S&P Small-Cap 600 Value ETF comprises 1.0% of Modera Wealth Management LLC’s holdings, making the stock its 23rd biggest holding. Modera Wealth Management LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $81,709,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Palouse Capital Management Inc. bought a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter valued at $27,000. New Wave Wealth Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at about $29,000. Pacific Center for Financial Services bought a new position in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter valued at about $43,000. Register Financial Advisors LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at about $44,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 100.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 431 shares of the company’s stock valued at $47,000 after buying an additional 216 shares during the last quarter.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.7 %

Shares of NYSEARCA:IJS opened at $104.51 on Friday. The stock’s 50-day moving average price is $108.87 and its 200-day moving average price is $108.93. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $93.89 and a 12-month high of $119.28. The stock has a market capitalization of $7.23 billion, a P/E ratio of 14.55 and a beta of 1.18.

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.