iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Reaches New 52-Week High – Here’s What Happened

Shares of iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $141.26 and last traded at $141.24, with a volume of 435405 shares trading hands. The stock had previously closed at $138.58.

iShares Core S&P Small-Cap ETF Stock Up 0.1%

The company’s 50 day moving average price is $134.21 and its 200-day moving average price is $128.37. The stock has a market cap of $103.61 billion, a P/E ratio of 16.52 and a beta of 1.02.

Hedge Funds Weigh In On iShares Core S&P Small-Cap ETF

A number of hedge funds have recently bought and sold shares of the company. Pine Valley Investments Ltd Liability Co raised its stake in iShares Core S&P Small-Cap ETF by 29.2% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,965 shares of the exchange traded fund’s stock worth $1,114,000 after buying an additional 2,025 shares during the last quarter. Evansbrook LLC grew its stake in iShares Core S&P Small-Cap ETF by 4.4% during the first quarter. Evansbrook LLC now owns 4,304 shares of the exchange traded fund’s stock worth $535,000 after purchasing an additional 180 shares during the period. Stillwater Private Wealth LLC acquired a new stake in iShares Core S&P Small-Cap ETF during the first quarter worth approximately $584,000. Parallel Advisors LLC grew its stake in iShares Core S&P Small-Cap ETF by 8.4% during the first quarter. Parallel Advisors LLC now owns 91,111 shares of the exchange traded fund’s stock worth $11,326,000 after purchasing an additional 7,060 shares during the period. Finally, Blue Edge Capital LLC grew its stake in iShares Core S&P Small-Cap ETF by 199.4% during the first quarter. Blue Edge Capital LLC now owns 6,062 shares of the exchange traded fund’s stock worth $754,000 after purchasing an additional 4,037 shares during the period. Institutional investors 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.