iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Reaches New 1-Year High – Still a Buy?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $141.26 and last traded at $141.24, with a volume of 435405 shares trading hands. The stock had previously closed at $138.58.

iShares Core S&P Small-Cap ETF Stock Down 0.7%

The stock has a market capitalization of $103.71 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02. The stock has a fifty day moving average of $134.93 and a 200-day moving average of $128.74.

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

Large investors have recently modified their holdings of the company. Nvwm LLC acquired a new stake in shares of iShares Core S&P Small-Cap ETF in the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV boosted its holdings in shares of iShares Core S&P Small-Cap ETF by 144.7% in the first quarter. Resources Management Corp CT ADV now owns 208 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 123 shares during the period. BankChampaign National Association acquired a new stake in shares of iShares Core S&P Small-Cap ETF in the first quarter valued at approximately $26,000. Hantz Financial Services Inc. boosted its holdings in shares of iShares Core S&P Small-Cap ETF by 85.4% in the third quarter. Hantz Financial Services Inc. now owns 254 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 117 shares during the period. Finally, Bank & Trust Co acquired a new stake in shares of iShares Core S&P Small-Cap ETF in the fourth quarter valued at approximately $30,000. 66.92% of the stock is owned by institutional investors and hedge funds.

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. 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.