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 Wednesday . 596,918 shares traded hands during trading, an increase of 92% from the previous session’s volume of 310,929 shares.The stock last traded at $116.71 and had previously closed at $117.05.

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

The firm’s fifty day moving average is $121.95 and its two-hundred day moving average is $115.42. The firm has a market capitalization of $7.19 billion, a PE ratio of 13.92 and a beta of 1.08.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Valpey Financial Services LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 11,307.1% during the fourth quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock worth $122,029,000 after acquiring an additional 1,063,657 shares during the period. Tcfg Wealth Management LLC grew its stake in iShares S&P Small-Cap 600 Value ETF by 8,726.1% in the 3rd quarter. Tcfg Wealth Management LLC now owns 432,301 shares of the company’s stock valued at $47,808,000 after purchasing an additional 427,403 shares during the period. World Investment Advisors grew its stake in iShares S&P Small-Cap 600 Value ETF by 4,702.1% in the 3rd quarter. World Investment Advisors now owns 362,321 shares of the company’s stock valued at $40,069,000 after purchasing an additional 354,776 shares during the period. AlphaCore Capital LLC increased its position 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 valued at $27,669,000 after purchasing an additional 242,975 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 3rd quarter valued at $23,118,000. Hedge funds and other 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.