iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Hits New 12-Month High – Here’s What Happened

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $149.52 and last traded at $149.52, with a volume of 955903 shares traded. The stock had previously closed at $147.86.

iShares Core S&P Small-Cap ETF Price Performance

The business has a 50-day simple moving average of $144.16 and a 200-day simple moving average of $135.17. The firm has a market capitalization of $111.95 billion, a PE ratio of 16.52 and a beta of 1.01.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core S&P Small-Cap ETF by 0.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 42,562,587 shares of the exchange traded fund’s stock valued at $5,115,172,000 after acquiring an additional 235,129 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Core S&P Small-Cap ETF by 0.6% during the 1st quarter. Bank of America Corp DE now owns 33,815,305 shares of the exchange traded fund’s stock worth $4,203,581,000 after purchasing an additional 209,882 shares during the period. Morgan Stanley grew its holdings in iShares Core S&P Small-Cap ETF by 0.5% during the 4th quarter. Morgan Stanley now owns 18,064,089 shares of the exchange traded fund’s stock valued at $2,170,943,000 after purchasing an additional 86,538 shares during the last quarter. LPL Financial LLC raised its position in iShares Core S&P Small-Cap ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 17,525,618 shares of the exchange traded fund’s stock worth $2,106,229,000 after purchasing an additional 992,984 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in iShares Core S&P Small-Cap ETF by 2.7% in the fourth quarter. Raymond James Financial Inc. now owns 14,095,517 shares of the exchange traded fund’s stock worth $1,693,999,000 after purchasing an additional 366,136 shares during the last quarter. Hedge funds and other 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.