iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sets New 52-Week High – Here’s What Happened

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) reached a new 52-week high during trading on Monday . The stock traded as high as $136.22 and last traded at $135.98, with a volume of 14197 shares changing hands. The stock had previously closed at $135.46.

iShares S&P Small-Cap 600 Value ETF Price Performance

The firm has a market capitalization of $8.27 billion, a PE ratio of 13.92 and a beta of 1.00. The company’s fifty day simple moving average is $127.86 and its 200 day simple moving average is $122.14.

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

Several institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 0.6% during the third quarter. Bank of America Corp DE now owns 3,285,564 shares of the company’s stock valued at $363,350,000 after purchasing an additional 21,122 shares during the last quarter. UBS Group AG lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 7.8% during the third quarter. UBS Group AG now owns 1,121,202 shares of the company’s stock valued at $123,994,000 after purchasing an additional 80,921 shares during the last quarter. Valpey Financial Services LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the fourth quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock valued at $122,029,000 after purchasing an additional 1,063,657 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 6.1% during the third quarter. Ameriprise Financial Inc. now owns 713,490 shares of the company’s stock valued at $79,114,000 after purchasing an additional 40,917 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 6.5% during the first quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock valued at $65,254,000 after purchasing an additional 33,430 shares during the last quarter. 71.86% of the stock is owned by hedge funds and other institutional investors.

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.