Magnolia Capital Advisors LLC Makes New $1.94 Million Investment in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Magnolia Capital Advisors LLC purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,962 shares of the company’s stock, valued at approximately $1,942,000.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 306.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,868,593 shares of the company’s stock worth $501,806,000 after buying an additional 3,670,048 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 194.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 648,543 shares of the company’s stock worth $66,845,000 after buying an additional 427,952 shares during the period. Covenant Partners LLC purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth $11,039,000. Family Firm Inc. increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 140.7% in the second quarter. Family Firm Inc. now owns 173,765 shares of the company’s stock worth $16,902,000 after buying an additional 101,564 shares during the period. Finally, Cetera Advisor Networks LLC increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 202.5% in the fourth quarter. Cetera Advisor Networks LLC now owns 130,346 shares of the company’s stock worth $13,435,000 after buying an additional 87,254 shares during the period.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.7 %

Shares of NYSEARCA IJS opened at $107.27 on Monday. iShares S&P Small-Cap 600 Value ETF has a 52 week low of $81.81 and a 52 week high of $111.05. The firm’s fifty day moving average is $104.88 and its 200 day moving average is $100.93. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 11.70 and a beta of 1.20.

iShares S&P Small-Cap 600 Value ETF 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.