Claro Advisors LLC Reduces Stake in iShares S&P Small-Cap 600 Value ETF

Claro Advisors LLC has announced a significant reduction in its holdings in shares of the iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS – Free Report). According to their latest Form 13F filing with the Securities and Exchange Commission, the firm cut its investment by 40.6% during the third quarter. Following the sale of 3,722 shares, Claro Advisors now holds 5,439 shares of the ETF.

As of the end of the most recent reporting period, Claro Advisors LLC's stake in the iShares S&P Small-Cap 600 Value ETF was valued at approximately $586,000. This change reflects the firm’s strategic repositioning within its portfolio, responding to market conditions and investment objectives.

Other institutional investors have also made adjustments to their stakes in the iShares S&P Small-Cap 600 Value ETF. For example, GPS Wealth Strategies Group LLC initiated a new position during the second quarter, valued at about $30,000. Similarly, GAMMA Investing LLC established a new stake valued at roughly $31,000 in the same period. Northwest Investment Counselors LLC also entered the market during the first quarter with a position worth around $33,000. In addition, Addison Advisors LLC and Financial Connections Group Inc. both acquired new stakes in the second quarter, valued at approximately $44,000 and $48,000, respectively.

Current Stock Performance of iShares S&P Small-Cap 600 Value ETF

As of the last trading session, shares of the iShares S&P Small-Cap 600 Value ETF opened at $109.43. This ETF has a market capitalization of approximately $7.65 billion, with a price-to-earnings (P/E) ratio of 11.70 and a beta of 1.20, indicating its relative volatility compared to the overall market. Over the past year, the ETF has recorded a low of $81.81 and a high of $111.05. Currently, its fifty-day moving average stands at $105.56, while the two-hundred-day moving average is at $101.60.

Overview of iShares S&P Small-Cap 600 Value ETF

(Free Report) The iShares S&P Small-Cap 600 Value ETF is an exchange-traded fund designed to provide investment results that closely correspond to the price and yield performance of the S&P SmallCap 600 Value Index. This index measures the performance of small-capitalization value stocks within the U.S. equity market, specifically those companies in the S&P SmallCap 600 Index that exhibit strong value characteristics.

Claro, Advisors, ETF