iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Update

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 159,504 shares, a decrease of 41.3% from the June 30th total of 271,772 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 348,777 shares, the days-to-cover ratio is presently 0.5 days.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.0%

Shares of IJS stock traded down $0.02 during trading hours on Thursday, hitting $135.84. 235,972 shares of the company’s stock traded hands, compared to its average volume of 449,662. The stock’s fifty day simple moving average is $133.93 and its two-hundred day simple moving average is $126.79. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $97.90 and a 12-month high of $138.60. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 0.6% during the third quarter. Bank of America Corp DE now owns 3,285,564 shares of the company’s stock valued at $363,350,000 after acquiring an additional 21,122 shares in the last quarter. UBS Group AG grew its position in iShares S&P Small-Cap 600 Value ETF by 7.8% during the 3rd quarter. UBS Group AG now owns 1,121,202 shares of the company’s stock valued at $123,994,000 after purchasing an additional 80,921 shares during the last quarter. Valpey Financial Services LLC grew its position in iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock valued at $122,029,000 after purchasing an additional 1,063,657 shares during the last quarter. Ameriprise Financial Inc. increased its stake in iShares S&P Small-Cap 600 Value ETF by 6.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 713,490 shares of the company’s stock valued at $79,114,000 after purchasing an additional 40,917 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in iShares S&P Small-Cap 600 Value ETF by 6.5% during the 1st quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock valued at $65,254,000 after purchasing an additional 33,430 shares in the last quarter. Hedge funds and other institutional investors own 71.86% of the company’s stock.

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.