iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Sets New 1-Year High – What’s Next?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $127.46 and last traded at $127.32, with a volume of 207149 shares trading hands. The stock had previously closed at $125.05.

iShares Core S&P Small-Cap ETF Stock Down 1.0 %

The firm’s 50 day simple moving average is $118.19 and its 200 day simple moving average is $113.25. The company has a market cap of $91.52 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16.

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

Hedge funds have recently modified their holdings of the stock. Peapack Gladstone Financial Corp raised its holdings in shares of iShares Core S&P Small-Cap ETF by 8.1% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 486,909 shares of the exchange traded fund’s stock valued at $56,950,000 after purchasing an additional 36,464 shares in the last quarter. Synovus Financial Corp grew its holdings in shares of iShares Core S&P Small-Cap ETF by 10.4% during the 3rd quarter. Synovus Financial Corp now owns 574,216 shares of the exchange traded fund’s stock worth $67,160,000 after purchasing an additional 54,044 shares in the last quarter. Destination Wealth Management increased its holdings in iShares Core S&P Small-Cap ETF by 0.3% in the 3rd quarter. Destination Wealth Management now owns 789,346 shares of the exchange traded fund’s stock valued at $92,322,000 after buying an additional 2,487 shares during the period. Wilmington Savings Fund Society FSB increased its stake in iShares Core S&P Small-Cap ETF by 114.7% in the third quarter. Wilmington Savings Fund Society FSB now owns 130,875 shares of the exchange traded fund’s stock valued at $15,307,000 after acquiring an additional 69,913 shares during the period. Finally, Broadview Financial Management LLC raised its holdings in shares of iShares Core S&P Small-Cap ETF by 6.9% in the 3rd quarter. Broadview Financial Management LLC now owns 14,288 shares of the exchange traded fund’s stock worth $1,671,000 after buying an additional 921 shares in the last quarter.

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.