iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Reaches New 12-Month High – Should You Buy?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $131.19 and last traded at $130.95, with a volume of 50991 shares traded. The stock had previously closed at $129.44.

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

The company has a fifty day moving average of $123.68 and a two-hundred day moving average of $119.92. The stock has a market capitalization of $8.01 billion, a P/E ratio of 13.92 and a beta of 1.01.

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

A number of institutional investors have recently made changes to their positions in IJS. Merrithew & Thorsten Inc bought a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter worth $25,000. Cornerstone Financial Management LLC bought a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at $26,000. Assetmark Inc. raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 138.8% during the first quarter. Assetmark Inc. now owns 234 shares of the company’s stock worth $28,000 after purchasing an additional 136 shares during the period. Accredited Wealth Management LLC raised its holdings in shares of iShares S&P Small-Cap 600 Value ETF by 409.6% during the third quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock worth $29,000 after purchasing an additional 213 shares during the period. Finally, Root Financial Partners LLC bought a new position in shares of iShares S&P Small-Cap 600 Value ETF in the 3rd quarter worth about $29,000. 71.86% of the stock is currently owned by institutional investors.

iShares S&P Small-Cap 600 Value ETF Company Profile

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.