Grimes & Company Inc. Sells 722 Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Grimes & Company Inc. cut its position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 19.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,070 shares of the company’s stock after selling 722 shares during the quarter. Grimes & Company Inc.’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $316,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Belpointe Asset Management LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 40.7% during the 4th quarter. Belpointe Asset Management LLC now owns 8,535 shares of the company’s stock valued at $880,000 after purchasing an additional 2,471 shares during the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $253,000. Apexium Financial LP purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $333,000. Signature Estate & Investment Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 2.7% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,613 shares of the company’s stock valued at $1,094,000 after acquiring an additional 280 shares during the period. Finally, Frazier Financial Advisors LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $43,000.

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

IJS stock traded up $0.98 during trading on Friday, hitting $97.27. 338,503 shares of the company traded hands, compared to its average volume of 398,440. The firm has a market capitalization of $6.80 billion, a PE ratio of 11.70 and a beta of 1.20. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $81.81 and a 1 year high of $105.10. The company has a 50-day moving average of $98.44 and a 200-day moving average of $99.12.

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.