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) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $137.90 and last traded at $137.69, with a volume of 679018 shares changing hands. The stock had previously closed at $136.17.

iShares Core S&P Small-Cap ETF Stock Up 1.6%

The firm has a market cap of $103.34 billion, a PE ratio of 16.52 and a beta of 1.03. The firm’s 50 day moving average is $128.50 and its 200-day moving average is $125.00.

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

Several large investors have recently made changes to their positions in IJR. Brighton Jones LLC increased its position in shares of iShares Core S&P Small-Cap ETF by 24.3% in the fourth quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after acquiring an additional 5,853 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of iShares Core S&P Small-Cap ETF in the fourth quarter worth $55,011,000. AQR Capital Management LLC grew its holdings in iShares Core S&P Small-Cap ETF by 80.7% during the 1st quarter. AQR Capital Management LLC now owns 17,964 shares of the exchange traded fund’s stock valued at $1,878,000 after purchasing an additional 8,025 shares in the last quarter. Millennium Management LLC acquired a new stake in iShares Core S&P Small-Cap ETF during the 1st quarter valued at $5,503,000. Finally, United Bank grew its holdings in iShares Core S&P Small-Cap ETF by 4.8% during the 2nd quarter. United Bank now owns 32,876 shares of the exchange traded fund’s stock valued at $3,593,000 after purchasing an additional 1,495 shares in the last quarter. 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.