iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Hits New 1-Year High – Time to Buy?

Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) reached a new 52-week high during trading on Tuesday . The stock traded as high as $133.51 and last traded at $133.48, with a volume of 67099 shares changing hands. The stock had previously closed at $131.13.

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

The stock has a market capitalization of $8.05 billion, a P/E ratio of 13.92 and a beta of 1.00. The firm’s fifty day simple moving average is $126.58 and its 200 day simple moving average is $121.40.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Merrithew & Thorsten Inc bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at approximately $26,000. Assetmark Inc. grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 138.8% during the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after purchasing an additional 136 shares during the last quarter. Accredited Wealth Management LLC grew its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 409.6% during the 3rd quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock valued at $29,000 after purchasing an additional 213 shares during the last quarter. Finally, Capital Investment Counsel Inc bought a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at approximately $30,000. 71.86% of the stock is owned by 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.