Sun Sep 15 12:16:49 UTC 2024: ## LPL Financial Cuts Stake in iShares S&P Small-Cap 600 Value ETF (IJS)

**New York, NY** – LPL Financial LLC reduced its holdings in iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) by 10.2% during the second quarter, according to HoldingsChannel.com. The fund now owns 620,584 shares of the ETF, valued at $60,364,000.

This move comes amidst a mixed bag of activity from other institutional investors. While LPL Financial decreased its stake, several other firms boosted their holdings in IJS during the fourth quarter. Notably, Envestnet Asset Management Inc. increased its stake by a whopping 306.2%, now owning 4,868,593 shares valued at $501,806,000. Goldman Sachs Group Inc. also saw a significant increase of 194.0%, bringing its total holdings to 648,543 shares valued at $66,845,000.

Other notable investors include Orion Portfolio Solutions LLC, which increased its stake by a staggering 21,827.8%, and Stifel Financial Corp, which boosted its holdings by 7.7%. Exencial Wealth Advisors LLC also increased its position by 8.8% during the first quarter.

IJS is an exchange-traded fund that tracks the performance of the S&P SmallCap 600 Value Index, focusing on small-capitalization value stocks within the United States equity market. The ETF opened at $105.70 on Friday, with a market capitalization of $7.39 billion.

For more information on IJS and other institutional holdings, visit HoldingsChannel.com.

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