iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Down 41.3% in July

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 159,504 shares, a drop of 41.3% from the June 30th total of 271,772 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 348,777 shares, the short-interest ratio is presently 0.5 days.

iShares S&P Small-Cap 600 Value ETF Stock Up 0.1%

Shares of NYSEARCA:IJS traded up $0.12 during midday trading on Friday, reaching $135.96. The company’s stock had a trading volume of 139,425 shares, compared to its average volume of 447,522. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99. iShares S&P Small-Cap 600 Value ETF has a 1 year low of $97.90 and a 1 year high of $138.60. The business has a 50 day moving average price of $134.08 and a 200 day moving average price of $126.90.

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

Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of iShares S&P Small-Cap 600 Value ETF by 0.6% in the third quarter. Bank of America Corp DE now owns 3,285,564 shares of the company’s stock worth $363,350,000 after buying an additional 21,122 shares during the period. UBS Group AG boosted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 7.8% in the third quarter. UBS Group AG now owns 1,121,202 shares of the company’s stock valued at $123,994,000 after purchasing an additional 80,921 shares during the period. Valpey Financial Services LLC raised its position in shares of iShares S&P Small-Cap 600 Value ETF by 11,307.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,073,064 shares of the company’s stock valued at $122,029,000 after purchasing an additional 1,063,657 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares S&P Small-Cap 600 Value ETF by 6.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 713,490 shares of the company’s stock valued at $79,114,000 after buying an additional 40,917 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 6.5% during the first quarter. Royal Bank of Canada now owns 550,910 shares of the company’s stock worth $65,254,000 after buying an additional 33,430 shares in the last quarter. 71.86% of the stock is currently owned by institutional investors and hedge funds.

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.