Kendall Capital Management Invests $513,000 in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)

Kendall Capital Management acquired a new position in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,277 shares of the company’s stock, valued at approximately $513,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Gladstone Institutional Advisory LLC raised its stake in iShares S&P Small-Cap 600 Value ETF by 2.8% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 4,187 shares of the company’s stock valued at $432,000 after purchasing an additional 116 shares during the last quarter. D.A. Davidson & CO. raised its stake in iShares S&P Small-Cap 600 Value ETF by 5.0% during the 4th quarter. D.A. Davidson & CO. now owns 6,217 shares of the company’s stock valued at $641,000 after purchasing an additional 298 shares during the last quarter. Assetmark Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 976.5% during the 4th quarter. Assetmark Inc. now owns 1,787 shares of the company’s stock valued at $184,000 after purchasing an additional 1,621 shares during the last quarter. Franklin Resources Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 6.4% during the 4th quarter. Franklin Resources Inc. now owns 52,372 shares of the company’s stock valued at $5,398,000 after purchasing an additional 3,149 shares during the last quarter. Finally, Tidemark LLC acquired a new position in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at $85,000.

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

NYSEARCA:IJS opened at $109.03 on Friday. The stock has a market cap of $7.63 billion, a P/E ratio of 11.70 and a beta of 1.20. iShares S&P Small-Cap 600 Value ETF has a one year low of $81.81 and a one year high of $111.05. The company has a fifty day moving average price of $104.57 and a 200 day moving average price of $100.62.

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.