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

Shares of iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw an uptick in trading volume on Friday . Approximately 379,809 shares traded hands during mid-day trading, a decline of 6% from the previous session’s volume of 403,155 shares.The stock last traded at $134.35 and had previously closed at $133.90.

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

The business has a 50 day moving average of $136.99 and a 200 day moving average of $130.00. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IJS. Centaurus Financial Inc. acquired a new position in iShares S&P Small-Cap 600 Value ETF during the first quarter valued at approximately $12,060,000. Three Seasons Wealth LLC increased its position in shares of iShares S&P Small-Cap 600 Value ETF by 464.0% during the 1st quarter. Three Seasons Wealth LLC now owns 29,371 shares of the company’s stock worth $3,479,000 after purchasing an additional 24,163 shares during the last quarter. Wick Capital Partners LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 810.9% during the 4th quarter. Wick Capital Partners LLC now owns 18,017 shares of the company’s stock worth $2,049,000 after purchasing an additional 16,039 shares in the last quarter. AlphaCore Capital LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 72,965.5% during the 4th quarter. AlphaCore Capital LLC now owns 243,308 shares of the company’s stock worth $27,669,000 after purchasing an additional 242,975 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of iShares S&P Small-Cap 600 Value ETF by 124.3% during the 4th quarter. Global Retirement Partners LLC now owns 9,238 shares of the company’s stock worth $1,051,000 after purchasing an additional 5,119 shares in the last quarter. Institutional investors own 71.86% of the company’s stock.

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.