iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Down 26.7% in October

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 161,200 shares, a decline of 26.7% from the September 30th total of 219,800 shares. Based on an average daily trading volume, of 229,900 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 229,900 shares, the short-interest ratio is currently 0.7 days.

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

Shares of IJS opened at $110.20 on Monday. The stock has a 50 day moving average price of $110.45 and a 200 day moving average price of $102.96. iShares S&P Small-Cap 600 Value ETF has a one year low of $82.10 and a one year high of $119.28. The stock has a market capitalization of $6.53 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of IJS. Bank of America Corp DE boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 1.3% during the 2nd quarter. Bank of America Corp DE now owns 3,264,442 shares of the company’s stock worth $324,779,000 after purchasing an additional 41,249 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 15.2% in the 1st quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock worth $89,908,000 after acquiring an additional 121,334 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 18.3% during the 1st quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock worth $84,332,000 after acquiring an additional 133,573 shares during the period. Modera Wealth Management LLC boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 19.6% during the 2nd quarter. Modera Wealth Management LLC now owns 849,875 shares of the company’s stock valued at $84,554,000 after acquiring an additional 139,194 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% in the first quarter. Envestnet Asset Management Inc. now owns 631,786 shares of the company’s stock valued at $61,587,000 after purchasing an additional 16,196 shares during the period. 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.