iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 12-Month High – Should You Buy?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) shares reached a new 52-week high on Tuesday . The company traded as high as $131.19 and last traded at $130.95, with a volume of 50991 shares. The stock had previously closed at $129.44.

iShares S&P Small-Cap 600 Value ETF Price Performance

The company has a fifty day moving average price of $123.68 and a two-hundred day moving average price of $119.92. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 13.92 and a beta of 1.01.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Summit Global Investments boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 2.6% during the 1st quarter. Summit Global Investments now owns 3,164 shares of the company’s stock valued at $375,000 after purchasing an additional 79 shares in the last quarter. Integrated Investment Consultants LLC raised its holdings 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 in the last quarter. CoreCap Advisors LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 39.7% in the 4th quarter. CoreCap Advisors LLC now owns 327 shares of the company’s stock worth $37,000 after purchasing an additional 93 shares in the last quarter. Clearstead Advisors LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 1.6% during the third quarter. Clearstead Advisors LLC now owns 5,916 shares of the company’s stock valued at $654,000 after purchasing an additional 95 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its holdings in iShares S&P Small-Cap 600 Value ETF by 1.0% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 9,799 shares of the company’s stock worth $1,115,000 after buying an additional 98 shares in the last quarter. 71.86% of the stock is owned by institutional investors and hedge funds.

iShares S&P Small-Cap 600 Value ETF Company Profile

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.