iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 12-Month High – What’s Next?

Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) reached a new 52-week high on Wednesday . The company traded as high as $122.71 and last traded at $122.2810, with a volume of 53766 shares trading hands. The stock had previously closed at $119.93.

iShares S&P Small-Cap 600 Value ETF Trading Up 2.9%

The company has a market cap of $7.60 billion, a P/E ratio of 13.92 and a beta of 1.08. The business’s 50 day simple moving average is $114.93 and its 200 day simple moving average is $110.32.

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

A number of institutional investors have recently bought and sold shares of the business. CoreCap Advisors LLC boosted its position in iShares S&P Small-Cap 600 Value ETF by 39.7% during the 4th quarter. CoreCap Advisors LLC now owns 327 shares of the company’s stock worth $37,000 after acquiring an additional 93 shares during the period. Clearstead Advisors LLC increased its holdings in iShares S&P Small-Cap 600 Value ETF by 1.6% in the third quarter. Clearstead Advisors LLC now owns 5,916 shares of the company’s stock worth $654,000 after buying an additional 95 shares during the last quarter. Abound Wealth Management grew its position in iShares S&P Small-Cap 600 Value ETF by 25.3% in the third quarter. Abound Wealth Management now owns 476 shares of the company’s stock worth $53,000 after acquiring an additional 96 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 2.9% during the 3rd quarter. Bessemer Group Inc. now owns 3,585 shares of the company’s stock valued at $397,000 after purchasing an additional 100 shares in the last quarter. Finally, Cahill Financial Advisors Inc. lifted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 1.3% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 7,814 shares of the company’s stock valued at $864,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.