iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sets New 52-Week High – What’s Next?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) reached a new 52-week high during trading on Friday . The stock traded as high as $128.19 and last traded at $127.76, with a volume of 234290 shares trading hands. The stock had previously closed at $125.15.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.8%

The stock has a market cap of $7.65 billion, a P/E ratio of 13.92 and a beta of 1.00. The company has a 50 day simple moving average of $121.16 and a 200 day simple moving average of $116.78.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Cordatus Wealth Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 3rd quarter worth approximately $8,671,000. Vestmark Advisory Solutions Inc. acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 3rd quarter worth approximately $23,118,000. Jones Financial Companies Lllp increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 4.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 325,609 shares of the company’s stock worth $35,908,000 after purchasing an additional 15,151 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 99.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 53,717 shares of the company’s stock worth $5,941,000 after purchasing an additional 26,724 shares during the last quarter. Finally, RTD Financial Advisors Inc. increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 5.9% during the 3rd quarter. RTD Financial Advisors Inc. now owns 94,090 shares of the company’s stock worth $10,405,000 after purchasing an additional 5,217 shares during the last quarter. Institutional investors and hedge funds own 71.86% of the company’s stock.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.