iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Reaches New 1-Year High – Time to Buy?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $147.61 and last traded at $147.02, with a volume of 359355 shares changing hands. The stock had previously closed at $147.36.

iShares Core S&P Small-Cap ETF Stock Up 0.3%

The business has a 50 day moving average price of $138.89 and a two-hundred day moving average price of $130.90. The stock has a market cap of $110.33 billion, a P/E ratio of 16.52 and a beta of 1.02.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IJR. Sapient Capital LLC grew its stake in iShares Core S&P Small-Cap ETF by 8.9% during the first quarter. Sapient Capital LLC now owns 126,454 shares of the exchange traded fund’s stock valued at $15,719,000 after acquiring an additional 10,362 shares in the last quarter. Steelhead Wealth Management LLC bought a new position in shares of iShares Core S&P Small-Cap ETF during the 1st quarter valued at about $1,089,000. LFG Wealth Partners LLC boosted its holdings in shares of iShares Core S&P Small-Cap ETF by 10.7% during the 1st quarter. LFG Wealth Partners LLC now owns 14,309 shares of the exchange traded fund’s stock valued at $1,779,000 after purchasing an additional 1,381 shares during the last quarter. Curry Webb Wealth Management LLC purchased a new position in shares of iShares Core S&P Small-Cap ETF during the first quarter valued at about $1,036,000. Finally, Pine Valley Investments Ltd Liability Co grew its position in shares of iShares Core S&P Small-Cap ETF by 29.2% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 8,965 shares of the exchange traded fund’s stock valued at $1,114,000 after purchasing an additional 2,025 shares in the last quarter. 66.92% of the stock is owned by hedge funds and other institutional investors.

About iShares Core S&P Small-Cap ETF

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.