iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sets New 52-Week High – Still a Buy?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJSGet Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $138.42 and last traded at $138.22, with a volume of 45766 shares. The stock had previously closed at $136.23.

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

The firm has a market capitalization of $8.18 billion, a PE ratio of 13.92 and a beta of 0.99. The company’s 50 day simple moving average is $132.38 and its 200-day simple moving average is $125.57.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Value ETF

Large investors have recently added to or reduced their stakes in the business. Valpey Financial Services LLC increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 11,307.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock worth $122,029,000 after buying an additional 1,063,657 shares during the last quarter. Modern Wealth Management LLC raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 11,921.0% during the 1st quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after buying an additional 408,412 shares in the last quarter. Sharp Wealth Advisory LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 1st quarter worth $32,233,000. AlphaCore Capital LLC lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 72,965.5% during the 4th quarter. AlphaCore Capital LLC now owns 243,308 shares of the company’s stock worth $27,669,000 after acquiring an additional 242,975 shares during the last quarter. Finally, Focus Partners Wealth grew its position in iShares S&P Small-Cap 600 Value ETF by 96.3% in the fourth quarter. Focus Partners Wealth now owns 294,751 shares of the company’s stock worth $33,519,000 after acquiring an additional 144,571 shares in the last quarter. Institutional investors own 71.86% of the company’s stock.

About iShares S&P Small-Cap 600 Value ETF

(Get Free Report)

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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