iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sees Unusually-High Trading Volume – Here’s Why

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) shares saw an uptick in trading volume on Wednesday . 1,377,685 shares traded hands during mid-day trading, an increase of 283% from the previous session’s volume of 360,102 shares.The stock last traded at $118.47 and had previously closed at $117.82.

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

The company has a market cap of $7.31 billion, a P/E ratio of 13.92 and a beta of 1.08. The company has a fifty day simple moving average of $121.51 and a 200-day simple moving average of $115.69.

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. Merrithew & Thorsten Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of iShares S&P Small-Cap 600 Value ETF in the fourth quarter worth about $26,000. Accredited Wealth Management LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 409.6% in the third quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock worth $29,000 after acquiring an additional 213 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the third quarter valued at approximately $29,000. Finally, Capital Investment Counsel Inc purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter valued at approximately $30,000. 71.86% of the stock is owned by institutional investors and hedge funds.

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.