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

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the recipient of a large decline in short interest during the month of 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. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 229,900 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 229,900 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the company are short sold.

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

Shares of iShares S&P Small-Cap 600 Value ETF stock traded down $0.95 during midday trading on Tuesday, hitting $109.52. The company had a trading volume of 25,046 shares, compared to its average volume of 329,426. The business’s 50 day simple moving average is $110.48 and its two-hundred day simple moving average is $103.12. iShares S&P Small-Cap 600 Value ETF has a 1-year low of $82.10 and a 1-year high of $119.28. The stock has a market cap of $6.49 billion, a PE ratio of 13.92 and a beta of 1.08.

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

Several large investors have recently added to or reduced their stakes in IJS. World Investment Advisors raised its holdings in iShares S&P Small-Cap 600 Value ETF by 4,702.1% in the 3rd quarter. World Investment Advisors now owns 362,321 shares of the company’s stock valued at $40,069,000 after acquiring an additional 354,776 shares in the last quarter. Modera Wealth Management LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 19.6% in the second 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. LPL Financial LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 18.3% in the first quarter. LPL Financial LLC now owns 865,117 shares of the company’s stock valued at $84,332,000 after acquiring an additional 133,573 shares during the last quarter. Michelson Medical Research Foundation Inc. bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the first quarter valued at approximately $12,671,000. Finally, Ameriprise Financial Inc. boosted its stake in iShares S&P Small-Cap 600 Value ETF by 15.2% in the first quarter. Ameriprise Financial Inc. now owns 922,162 shares of the company’s stock worth $89,908,000 after purchasing an additional 121,334 shares in the last quarter. Institutional investors and hedge funds own 71.86% of the company’s stock.

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.