iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Position Reduced by Asset Dedication LLC

Asset Dedication LLC reduced its position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 1.2% in the third quarter, HoldingsChannel.com reports. The firm owned 94,409 shares of the company’s stock after selling 1,111 shares during the period. iShares S&P Small-Cap 600 Value ETF comprises about 0.7% of Asset Dedication LLC’s investment portfolio, making the stock its 24th biggest holding. Asset Dedication LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $10,164,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. GPS Wealth Strategies Group LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the second quarter valued at approximately $30,000. GAMMA Investing LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 2nd quarter valued at $31,000. Northwest Investment Counselors LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 1st quarter worth $33,000. Addison Advisors LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the second quarter valued at $44,000. Finally, Financial Connections Group Inc. acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 2nd quarter valued at $48,000.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.6 %

NYSEARCA IJS opened at $107.85 on Wednesday. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $81.81 and a 1 year high of $111.05. The stock’s 50-day moving average price is $104.88 and its two-hundred day moving average price is $101.38. The company has a market cap of $7.54 billion, a PE ratio of 11.70 and a beta of 1.20.

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.