iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 52-Week High – Time to Buy?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $118.23 and last traded at $118.10, with a volume of 22287 shares. The stock had previously closed at $115.66.

iShares S&P Small-Cap 600 Value ETF Stock Up 2.2 %

The stock has a market capitalization of $8.27 billion, a P/E ratio of 11.70 and a beta of 1.20. The firm’s 50-day simple moving average is $108.71 and its 200 day simple moving average is $103.91.

Institutional Investors Weigh In On iShares S&P Small-Cap 600 Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of IJS. World Investment Advisors LLC raised its holdings in iShares S&P Small-Cap 600 Value ETF by 6,991.4% during the 3rd quarter. World Investment Advisors LLC now owns 363,078 shares of the company’s stock worth $39,228,000 after buying an additional 357,958 shares during the period. Anchor Investment Management LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 47.8% during the third quarter. Anchor Investment Management LLC now owns 6,164 shares of the company’s stock valued at $664,000 after acquiring an additional 1,994 shares during the period. Westside Investment Management Inc. boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 19.9% in the third quarter. Westside Investment Management Inc. now owns 1,824 shares of the company’s stock worth $196,000 after buying an additional 303 shares during the period. Soltis Investment Advisors LLC lifted its stake in iShares S&P Small-Cap 600 Value ETF by 6.1% in the 3rd quarter. Soltis Investment Advisors LLC now owns 25,058 shares of the company’s stock worth $2,698,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares S&P Small-Cap 600 Value ETF by 53.2% during the third quarter. Sunbelt Securities Inc. now owns 849 shares of the company’s stock valued at $91,000 after purchasing an additional 295 shares in the last quarter.

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.