Horizon Investments LLC Makes New Investment in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Horizon Investments LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,772 shares of the company’s stock, valued at approximately $192,000.

A number of other hedge funds have also recently added to or reduced their stakes in IJS. Commonwealth Equity Services LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 15.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 746,087 shares of the company’s stock worth $81,032,000 after purchasing an additional 98,714 shares during the period. Raymond James Financial Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth about $49,134,000. HighTower Advisors LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.9% in the 4th quarter. HighTower Advisors LLC now owns 381,256 shares of the company’s stock worth $41,408,000 after purchasing an additional 24,475 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 371,296 shares of the company’s stock worth $39,974,000 after purchasing an additional 24,000 shares during the period. Finally, World Investment Advisors LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 6,991.4% in the 3rd quarter. World Investment Advisors LLC now owns 363,078 shares of the company’s stock worth $39,228,000 after purchasing an additional 357,958 shares during the period.

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

iShares S&P Small-Cap 600 Value ETF stock opened at $99.41 on Friday. The stock’s 50-day moving average is $106.28 and its 200-day moving average is $108.41. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 13.19 and a beta of 1.19. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $93.89 and a 12 month high of $119.28.

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.