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

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) shares hit a new 52-week high 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 Stock Up 1.5%

The company has a market cap of $8.40 billion, a PE ratio of 13.92 and a beta of 0.99. The stock’s 50 day moving average is $134.38 and its 200-day moving average is $127.14.

Institutional Trading of iShares S&P Small-Cap 600 Value ETF

A number of large investors have recently made changes to their positions in IJS. Brighton Jones LLC increased its stake in iShares S&P Small-Cap 600 Value ETF by 6.0% during the fourth quarter. Brighton Jones LLC now owns 7,688 shares of the company’s stock worth $835,000 after acquiring an additional 436 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 189.9% in the 1st quarter. AQR Capital Management LLC now owns 7,247 shares of the company’s stock valued at $706,000 after purchasing an additional 4,747 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 9.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 188,181 shares of the company’s stock valued at $18,344,000 after purchasing an additional 15,669 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 751.6% in the 1st quarter. Jane Street Group LLC now owns 26,400 shares of the company’s stock worth $2,573,000 after purchasing an additional 23,300 shares during the period. Finally, First Trust Advisors LP boosted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.5% in the 2nd quarter. First Trust Advisors LP now owns 5,546 shares of the company’s stock worth $552,000 after purchasing an additional 136 shares during the period. 71.86% of the stock is currently owned by institutional investors.

About iShares S&P Small-Cap 600 Value ETF

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.