iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 12-Month High – Should You Buy?

Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJSGet Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $138.93 and last traded at $138.89, with a volume of 58387 shares traded. The stock had previously closed at $138.18.

iShares S&P Small-Cap 600 Value ETF Trading Down 1.1%

The business’s 50-day simple moving average is $134.71 and its 200-day simple moving average is $127.40. The company has a market cap of $8.32 billion, a PE ratio of 13.92 and a beta of 1.00.

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

Several institutional investors have recently made changes to their positions in IJS. Valpey Financial Services LLC boosted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock worth $122,029,000 after acquiring an additional 1,063,657 shares in the last quarter. USA Financial Formulas bought a new position in iShares S&P Small-Cap 600 Value ETF in the 1st quarter worth $109,900,000. Modern Wealth Management LLC boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 11,921.0% during the first quarter. Modern Wealth Management LLC now owns 411,838 shares of the company’s stock valued at $48,873,000 after acquiring an additional 408,412 shares during the period. Sharp Wealth Advisory LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the first quarter worth about $32,233,000. Finally, AlphaCore Capital LLC boosted its stake in 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 valued at $27,669,000 after purchasing an additional 242,975 shares during the period. 71.86% of the stock is currently owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Value ETF Company Profile

(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.

Recommended Stories

Receive News & Ratings for iShares S&P Small-Cap 600 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P Small-Cap 600 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.