iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 358,161 shares, a growth of 248.5% from the May 14th total of 102,763 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 507,374 shares, the short-interest ratio is presently 0.7 days.
iShares S&P Small-Cap 600 Value ETF Stock Up 1.1%
iShares S&P Small-Cap 600 Value ETF stock traded up $1.43 during trading hours on Friday, hitting $135.46. The stock had a trading volume of 253,707 shares, compared to its average volume of 491,851. The stock has a market capitalization of $8.29 billion, a P/E ratio of 13.92 and a beta of 1.00. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $95.98 and a 12-month high of $136.18. The stock’s 50-day moving average price is $127.86 and its 200-day moving average price is $122.05.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Merrithew & Thorsten Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $26,000. Assetmark Inc. raised its holdings in iShares S&P Small-Cap 600 Value ETF by 138.8% in the first quarter. Assetmark Inc. now owns 234 shares of the company’s stock worth $28,000 after buying an additional 136 shares during the last quarter. Accredited Wealth Management LLC raised its holdings in iShares S&P Small-Cap 600 Value ETF by 409.6% in the third quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock worth $29,000 after buying an additional 213 shares during the last quarter. Finally, Capital Investment Counsel Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $30,000. 71.86% of the stock is owned by hedge funds and other institutional investors.
iShares S&P Small-Cap 600 Value ETF Company Profile
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.
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