iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sees Strong Trading Volume – Still a Buy?

Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw unusually-strong trading volume on Wednesday . Approximately 888,979 shares were traded during trading, an increase of 89% from the previous session’s volume of 471,179 shares.The stock last traded at $130.95 and had previously closed at $132.30.

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

The firm’s 50-day moving average is $126.10 and its 200-day moving average is $121.08. The company has a market capitalization of $8.11 billion, a P/E ratio of 13.92 and a beta of 1.00.

Institutional Trading of iShares S&P Small-Cap 600 Value ETF

Several large investors have recently added to or reduced their stakes in IJS. Merrithew & Thorsten Inc bought a new stake in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $26,000. Assetmark Inc. lifted its holdings in 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 valued at $28,000 after purchasing an additional 136 shares in the last quarter. Accredited Wealth Management LLC lifted its holdings in 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 valued at $29,000 after purchasing an additional 213 shares in the last quarter. Finally, Capital Investment Counsel Inc purchased a new position in iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at approximately $30,000. 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.