iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 1-Year High – Here’s Why

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)’s share price reached a new 52-week high on Wednesday . The company traded as high as $120.68 and last traded at $119.86, with a volume of 219600 shares traded. The stock had previously closed at $119.96.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.1%

The stock has a fifty day moving average price of $113.88 and a 200-day moving average price of $109.66. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of 13.92 and a beta of 1.08.

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

Several hedge funds have recently made changes to their positions in IJS. Tcfg Wealth Management LLC increased its stake in shares of iShares S&P Small-Cap 600 Value ETF by 8,726.1% during the third quarter. Tcfg Wealth Management LLC now owns 432,301 shares of the company’s stock worth $47,808,000 after acquiring an additional 427,403 shares during the period. World Investment Advisors increased its position in iShares S&P Small-Cap 600 Value ETF by 4,702.1% during the 3rd quarter. World Investment Advisors now owns 362,321 shares of the company’s stock worth $40,069,000 after purchasing an additional 354,776 shares during the period. Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 3rd quarter worth approximately $23,118,000. Modera Wealth Management LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 19.6% during the 2nd quarter. Modera Wealth Management LLC now owns 849,875 shares of the company’s stock worth $84,554,000 after buying an additional 139,194 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 4,206.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 122,291 shares of the company’s stock valued at $13,524,000 after buying an additional 119,451 shares during the period. 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.