iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Hits New 52-Week High – Still a Buy?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJSGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $138.93 and last traded at $138.89, with a volume of 58387 shares trading hands. The stock had previously closed at $138.18.

iShares S&P Small-Cap 600 Value ETF Trading Up 1.5%

The firm has a market cap of $8.40 billion, a PE ratio of 13.92 and a beta of 0.99. The firm’s 50 day simple moving average is $134.38 and its 200 day simple moving average is $127.14.

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

Large investors have recently made changes to their positions in the company. Merrithew & Thorsten Inc bought a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth approximately $26,000. Assetmark Inc. increased its stake in iShares S&P Small-Cap 600 Value ETF by 138.8% in the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock worth $28,000 after acquiring an additional 136 shares during the last quarter. Capital Investment Counsel Inc purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $30,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $31,000. 71.86% of the stock is owned by institutional investors.

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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