Raymond James Financial Inc. Invests $49.13 Million in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Raymond James Financial Inc. acquired a new position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 452,387 shares of the company’s stock, valued at approximately $49,134,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the third quarter worth $137,000. JPMorgan Chase & Co. lifted its position in 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 worth $39,974,000 after purchasing an additional 24,000 shares during the period. Assetmark Inc. lifted its position in 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 worth $151,000 after purchasing an additional 1,326 shares during the period. Blue Trust Inc. lifted its position in 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 worth $128,000 after purchasing an additional 100 shares during the period. Finally, Principal Securities Inc. lifted its position in 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 worth $728,000 after purchasing an additional 461 shares during the period.

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

Shares of IJS stock opened at $98.19 on Wednesday. The stock has a market cap of $6.79 billion, a P/E ratio of 14.55 and a beta of 1.18. iShares S&P Small-Cap 600 Value ETF has a one year low of $93.89 and a one year high of $119.28. The stock has a fifty day moving average price of $107.87 and a 200 day moving average price of $108.90.

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.