iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) is Palisades Hudson Asset Management L.P.’s Largest Position

Palisades Hudson Asset Management L.P. cut its holdings in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 291,124 shares of the company’s stock after selling 1,306 shares during the quarter. iShares S&P Small-Cap 600 Value ETF comprises 13.3% of Palisades Hudson Asset Management L.P.’s holdings, making the stock its largest position. Palisades Hudson Asset Management L.P.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $31,619,000 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. BNP Paribas Financial Markets purchased a new stake in iShares S&P Small-Cap 600 Value ETF in the third quarter valued at about $137,000. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.9% in the third quarter. JPMorgan Chase & Co. now owns 371,296 shares of the company’s stock valued at $39,974,000 after purchasing an additional 24,000 shares during the period. Assetmark Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 1,657.5% in the third quarter. Assetmark Inc. now owns 1,406 shares of the company’s stock valued at $151,000 after purchasing an additional 1,326 shares during the period. Blue Trust Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 9.3% in the fourth quarter. Blue Trust Inc. now owns 1,176 shares of the company’s stock valued at $128,000 after purchasing an additional 100 shares during the period. Finally, Principal Securities Inc. increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 7.4% in the fourth quarter. Principal Securities Inc. now owns 6,701 shares of the company’s stock valued at $728,000 after purchasing an additional 461 shares during the period.

iShares S&P Small-Cap 600 Value ETF Stock Performance

Shares of IJS stock opened at $99.18 on Tuesday. The stock’s 50-day simple moving average is $108.05 and its 200-day simple moving average is $108.93. The firm has a market capitalization of $6.86 billion, a PE ratio of 14.55 and a beta of 1.18. iShares S&P Small-Cap 600 Value ETF has a fifty-two week low of $93.89 and a fifty-two week high of $119.28.

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.