iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Hits New 12-Month High – Time to Buy?

Shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) hit a new 52-week high during trading on Wednesday . The stock traded as high as $145.19 and last traded at $145.19, with a volume of 1409206 shares traded. The stock had previously closed at $142.77.

iShares Core S&P Small-Cap ETF Stock Up 1.1%

The stock has a 50 day simple moving average of $137.76 and a 200 day simple moving average of $130.20. The stock has a market cap of $107.81 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02.

Institutional Trading of iShares Core S&P Small-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IJR. Bank of America Corp DE lifted its holdings in iShares Core S&P Small-Cap ETF by 6.0% during the fourth quarter. Bank of America Corp DE now owns 33,605,423 shares of the exchange traded fund’s stock valued at $4,038,700,000 after purchasing an additional 1,901,134 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its stake in iShares Core S&P Small-Cap ETF by 35.0% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 6,236,257 shares of the exchange traded fund’s stock valued at $749,473,000 after buying an additional 1,617,116 shares during the period. Valpey Financial Services LLC grew its holdings in shares of iShares Core S&P Small-Cap ETF by 12,132.4% during the fourth quarter. Valpey Financial Services LLC now owns 1,405,019 shares of the exchange traded fund’s stock worth $168,855,000 after purchasing an additional 1,393,533 shares in the last quarter. Fifth Third Bancorp grew its stake in iShares Core S&P Small-Cap ETF by 56.3% in the 1st quarter. Fifth Third Bancorp now owns 3,216,342 shares of the exchange traded fund’s stock worth $399,823,000 after buying an additional 1,159,049 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in iShares Core S&P Small-Cap ETF by 98.8% in the fourth quarter. Nationwide Fund Advisors now owns 2,103,860 shares of the exchange traded fund’s stock valued at $252,842,000 after acquiring an additional 1,045,425 shares during the last quarter. 66.92% of the stock is owned by institutional investors.

About iShares Core S&P Small-Cap ETF

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.