Neumann Capital Management LLC Boosts Stake in iShares S&P Small-Cap 600 Value ETF $IJS

Neumann Capital Management LLC grew its stake in shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 4.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,520 shares of the company’s stock after buying an additional 1,050 shares during the quarter. iShares S&P Small-Cap 600 Value ETF accounts for 0.8% of Neumann Capital Management LLC’s investment portfolio, making the stock its 29th biggest position. Neumann Capital Management LLC’s holdings in iShares S&P Small-Cap 600 Value ETF were worth $2,638,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 15.2% during the 1st quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock valued at $89,908,000 after buying an additional 121,334 shares in the last quarter. LPL Financial LLC raised its position in iShares S&P Small-Cap 600 Value ETF by 18.3% in the 1st quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock worth $84,332,000 after purchasing an additional 133,573 shares during the period. Envestnet Asset Management Inc. raised its position in iShares S&P Small-Cap 600 Value ETF by 2.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 631,786 shares of the company’s stock worth $61,587,000 after purchasing an additional 16,196 shares during the period. HighTower Advisors LLC raised its position in iShares S&P Small-Cap 600 Value ETF by 11.5% in the 1st quarter. HighTower Advisors LLC now owns 424,984 shares of the company’s stock worth $41,427,000 after purchasing an additional 43,728 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in iShares S&P Small-Cap 600 Value ETF by 690.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 422,021 shares of the company’s stock worth $41,139,000 after purchasing an additional 368,663 shares during the period. Hedge funds and other institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.2%

IJS stock opened at $110.27 on Friday. The firm’s 50-day moving average price is $106.92 and its two-hundred day moving average price is $99.88. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $82.10 and a 12-month high of $119.28. The stock has a market capitalization of $6.72 billion, a price-to-earnings ratio of 13.92 and a beta of 1.18.

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.