iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Hits New 12-Month High – Time to Buy?

by · The Markets Daily

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS – Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $141.18 and last traded at $140.91, with a volume of 8455 shares traded. The stock had previously closed at $140.24.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.2%

The company’s 50 day moving average price is $135.60 and its 200-day moving average price is $128.10. The stock has a market cap of $8.43 billion, a P/E ratio of 13.92 and a beta of 1.00.

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

Several institutional investors and hedge funds have recently made changes to their positions in IJS. Summit Global Investments lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% in the first quarter. Summit Global Investments now owns 3,164 shares of the company’s stock worth $375,000 after acquiring an additional 79 shares during the period. Serenity Investment Advisors raised its holdings 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 purchasing an additional 80 shares during the last quarter. Integrated Investment Consultants LLC lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 3.6% in the 4th quarter. Integrated Investment Consultants LLC now owns 2,371 shares of the company’s stock worth $270,000 after purchasing an additional 82 shares during the period. Hazlett Burt & Watson Inc. lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 1.0% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 9,799 shares of the company’s stock worth $1,115,000 after purchasing an additional 98 shares during the period. Finally, Stephens Inc. AR boosted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 2.0% in the 4th quarter. Stephens Inc. AR now owns 5,144 shares of the company’s stock valued at $585,000 after purchasing an additional 102 shares during 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

(Get Free Report)

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.

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