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

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)’s share price reached a new 52-week high on Thursday . The company traded as high as $127.35 and last traded at $127.24, with a volume of 5752447 shares traded. The stock had previously closed at $126.52.

iShares Core S&P Small-Cap ETF Price Performance

The company has a 50 day moving average price of $121.13 and a 200 day moving average price of $117.79. The firm has a market cap of $93.09 billion, a PE ratio of 16.52 and a beta of 1.08.

Institutional Trading of iShares Core S&P Small-Cap ETF

Several hedge funds have recently made changes to their positions in the company. Centennial Wealth Advisory LLC purchased a new stake in shares of iShares Core S&P Small-Cap ETF in the fourth quarter valued at about $1,177,000. Centurion Wealth Management LLC lifted its position in iShares Core S&P Small-Cap ETF by 1.1% in the fourth quarter. Centurion Wealth Management LLC now owns 7,535 shares of the exchange traded fund’s stock valued at $906,000 after purchasing an additional 81 shares during the period. ORG Wealth Partners LLC boosted its holdings in iShares Core S&P Small-Cap ETF by 1.1% in the 4th quarter. ORG Wealth Partners LLC now owns 11,360 shares of the exchange traded fund’s stock valued at $1,366,000 after purchasing an additional 127 shares in the last quarter. Neumann Capital Management LLC boosted its holdings in iShares Core S&P Small-Cap ETF by 0.3% in the 4th quarter. Neumann Capital Management LLC now owns 117,764 shares of the exchange traded fund’s stock valued at $14,153,000 after purchasing an additional 347 shares in the last quarter. Finally, AA Financial Advisors LLC increased its position in iShares Core S&P Small-Cap ETF by 28.8% during the 4th quarter. AA Financial Advisors LLC now owns 3,566 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 798 shares during the period. Institutional investors and hedge funds own 66.92% of the company’s stock.

iShares Core S&P Small-Cap ETF Company Profile

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.