iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Hits New 1-Year High – What’s Next?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $126.00 and last traded at $126.3940, with a volume of 895 shares changing hands. The stock had previously closed at $125.47.

iShares Core S&P Small-Cap ETF Price Performance

The company has a market capitalization of $92.49 billion, a price-to-earnings ratio of 16.52 and a beta of 1.08. The firm has a 50-day moving average price of $120.59 and a two-hundred day moving average price of $117.41.

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

Hedge funds have recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in shares of iShares Core S&P Small-Cap ETF by 24.3% during the 4th quarter. Brighton Jones LLC now owns 29,944 shares of the exchange traded fund’s stock worth $3,450,000 after buying an additional 5,853 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in iShares Core S&P Small-Cap ETF during the fourth quarter worth about $55,011,000. AQR Capital Management LLC raised its holdings in iShares Core S&P Small-Cap ETF by 80.7% during the first quarter. AQR Capital Management LLC now owns 17,964 shares of the exchange traded fund’s stock worth $1,878,000 after acquiring an additional 8,025 shares in the last quarter. Millennium Management LLC acquired a new position in iShares Core S&P Small-Cap ETF during the first quarter valued at approximately $5,503,000. Finally, Great Lakes Advisors LLC boosted its position in iShares Core S&P Small-Cap ETF by 29.1% during the first quarter. Great Lakes Advisors LLC now owns 3,016 shares of the exchange traded fund’s stock valued at $315,000 after purchasing an additional 680 shares during the last quarter. 66.92% of the stock is owned by institutional investors.

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.