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) hit a new 52-week high during trading on Friday . The stock traded as high as $141.18 and last traded at $140.91, with a volume of 8455 shares. The stock had previously closed at $140.24.

iShares S&P Small-Cap 600 Value ETF Trading Up 0.2%

The company has a market capitalization of $8.43 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00. The business’s 50 day moving average price is $135.60 and its two-hundred day moving average price is $128.10.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IJS. Merrithew & Thorsten Inc bought a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth $25,000. Cornerstone Financial Management LLC bought a new position in iShares S&P Small-Cap 600 Value ETF in the fourth quarter valued at about $26,000. Assetmark Inc. boosted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 138.8% during the first quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after purchasing an additional 136 shares in the last quarter. Monetary Solutions Ltd acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at about $31,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth about $32,000. 71.86% of the stock is currently owned by institutional investors.

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.

Further Reading

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