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

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $139.54 and last traded at $139.39, with a volume of 582301 shares trading hands. The stock had previously closed at $137.40.

iShares Core S&P Small-Cap ETF Trading Up 1.4%

The stock has a 50 day simple moving average of $130.99 and a 200 day simple moving average of $126.84. The firm has a market capitalization of $104.05 billion, a PE ratio of 16.52 and a beta of 1.03.

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

Large investors have recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its stake in shares of iShares Core S&P Small-Cap ETF by 549.5% in the third quarter. Jones Financial Companies Lllp now owns 14,885,601 shares of the exchange traded fund’s stock worth $1,763,740,000 after purchasing an additional 12,593,909 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Core S&P Small-Cap ETF by 60.1% in the third quarter. JPMorgan Chase & Co. now owns 5,138,062 shares of the exchange traded fund’s stock worth $610,556,000 after purchasing an additional 1,928,405 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Core S&P Small-Cap ETF by 6.0% in the fourth quarter. Bank of America Corp DE now owns 33,605,423 shares of the exchange traded fund’s stock worth $4,038,700,000 after purchasing an additional 1,901,134 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its stake in shares of iShares Core S&P Small-Cap ETF by 35.0% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 6,236,257 shares of the exchange traded fund’s stock worth $749,473,000 after purchasing an additional 1,617,116 shares during the last quarter. Finally, Valpey Financial Services LLC grew its stake in shares of iShares Core S&P Small-Cap ETF by 12,132.4% in the fourth quarter. Valpey Financial Services LLC now owns 1,405,019 shares of the exchange traded fund’s stock worth $168,855,000 after purchasing an additional 1,393,533 shares during the last quarter. 66.92% of the stock is owned by hedge funds and other institutional investors.

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.