iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 1-Year High – Still a Buy?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)’s share price hit a new 52-week high on Monday . The company traded as high as $136.22 and last traded at $135.98, with a volume of 14197 shares changing hands. The stock had previously closed at $135.46.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.5%

The firm has a market cap of $8.18 billion, a price-to-earnings ratio of 13.92 and a beta of 1.00. The business’s fifty day moving average is $128.46 and its two-hundred day moving average is $122.43.

Institutional Trading of iShares S&P Small-Cap 600 Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IJS. Certuity LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth $495,000. Comerica Bank grew its holdings in iShares S&P Small-Cap 600 Value ETF by 6.7% during the 4th quarter. Comerica Bank now owns 95,512 shares of the company’s stock worth $10,862,000 after acquiring an additional 5,958 shares during the period. Powerhouse Assets LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth $1,014,000. Hudson Oak Wealth Advisory LLC acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth $1,450,000. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in iShares S&P Small-Cap 600 Value ETF during the 3rd quarter worth $23,118,000. Institutional investors and hedge funds 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.