iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Reaches New 12-Month High – Should You Buy?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $145.19 and last traded at $145.19, with a volume of 1409206 shares changing hands. The stock had previously closed at $142.77.

iShares Core S&P Small-Cap ETF Stock Performance

The firm has a market cap of $107.81 billion, a P/E ratio of 16.52 and a beta of 1.02. The stock’s 50-day moving average is $137.76 and its 200 day moving average is $130.20.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Livet Wealth LLC increased its holdings in shares of iShares Core S&P Small-Cap ETF by 1.2% during the first quarter. Livet Wealth LLC now owns 6,258 shares of the exchange traded fund’s stock worth $778,000 after purchasing an additional 75 shares during the period. Pasadena Private Wealth LLC increased its position in iShares Core S&P Small-Cap ETF by 0.7% in the 4th quarter. Pasadena Private Wealth LLC now owns 10,543 shares of the exchange traded fund’s stock valued at $1,267,000 after acquiring an additional 76 shares during the period. Flavin Financial Services Inc. raised its position in iShares Core S&P Small-Cap ETF by 0.4% during the 4th quarter. Flavin Financial Services Inc. now owns 18,630 shares of the exchange traded fund’s stock worth $2,239,000 after purchasing an additional 78 shares during the last quarter. Essential Partners LLC raised its position in shares of iShares Core S&P Small-Cap ETF by 5.5% during the first quarter. Essential Partners LLC now owns 1,494 shares of the exchange traded fund’s stock worth $186,000 after acquiring an additional 78 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of iShares Core S&P Small-Cap ETF by 1.7% in the 4th quarter. First Trust Advisors LP now owns 4,651 shares of the exchange traded fund’s stock worth $559,000 after purchasing an additional 78 shares during the period. 66.92% of the stock is owned by 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.