iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Sets New 52-Week High – Still a Buy?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $145.19 and last traded at $145.19, with a volume of 1409206 shares traded. The stock had previously closed at $142.77.

iShares Core S&P Small-Cap ETF Stock Up 1.3%

The company’s 50-day simple moving average is $138.29 and its 200 day simple moving average is $130.53. The stock has a market capitalization of $109.21 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in IJR. Bank of America Corp DE boosted its position in iShares Core S&P Small-Cap ETF by 6.0% during the fourth quarter. Bank of America Corp DE now owns 33,605,423 shares of the exchange traded fund’s stock worth $4,038,700,000 after purchasing an additional 1,901,134 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its stake in shares of iShares Core S&P Small-Cap ETF by 35.0% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 6,236,257 shares of the exchange traded fund’s stock worth $749,473,000 after buying an additional 1,617,116 shares during the last quarter. Valpey Financial Services LLC lifted its stake in shares of iShares Core S&P Small-Cap ETF by 12,132.4% in the fourth quarter. Valpey Financial Services LLC now owns 1,405,019 shares of the exchange traded fund’s stock worth $168,855,000 after buying an additional 1,393,533 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of iShares Core S&P Small-Cap ETF by 56.3% during the 1st quarter. Fifth Third Bancorp now owns 3,216,342 shares of the exchange traded fund’s stock worth $399,823,000 after buying an additional 1,159,049 shares during the period. Finally, Nationwide Fund Advisors boosted its holdings in shares of iShares Core S&P Small-Cap ETF by 98.8% during the 4th quarter. Nationwide Fund Advisors now owns 2,103,860 shares of the exchange traded fund’s stock worth $252,842,000 after buying an additional 1,045,425 shares during the period. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Company Profile

iShares Core S&P Small-Cap ETF, formerly iShares S&P SmallCap 600 Index Fund, seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s SmallCap 600 Index (the Index). The Index measures the performance of publicly traded securities in the small-capitalization sector of the United States equity market. The Index serves as the underlying index for the S&P 600/Citigroup Growth and Value Index series. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares.