iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 12-Month 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 Thursday . The stock traded as high as $136.23 and last traded at $135.19, with a volume of 127718 shares. The stock had previously closed at $134.04.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.1%

The stock has a market capitalization of $8.29 billion, a P/E ratio of 13.92 and a beta of 1.00. The stock’s fifty day moving average price is $129.77 and its two-hundred day moving average price is $123.25.

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

Several hedge funds have recently added to or reduced their stakes in the business. Sapient Capital LLC grew its stake in shares of iShares S&P Small-Cap 600 Value ETF by 14.6% during the first quarter. Sapient Capital LLC now owns 45,926 shares of the company’s stock valued at $5,440,000 after buying an additional 5,860 shares during the last quarter. Parallel Advisors LLC boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 0.6% during the 1st quarter. Parallel Advisors LLC now owns 44,590 shares of the company’s stock valued at $5,282,000 after acquiring an additional 274 shares during the period. Blue Edge Capital LLC boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 25.1% during the 1st quarter. Blue Edge Capital LLC now owns 39,779 shares of the company’s stock valued at $4,712,000 after acquiring an additional 7,986 shares during the period. Serenity Investment Advisors grew its position in iShares S&P Small-Cap 600 Value ETF by 1.3% during the 1st quarter. Serenity Investment Advisors now owns 6,312 shares of the company’s stock worth $817,000 after acquiring an additional 80 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF in the 1st quarter worth approximately $63,000. 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.