iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Sets New 12-Month 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 $134.69 and last traded at $134.30, with a volume of 340066 shares traded. The stock had previously closed at $132.69.

iShares Core S&P Small-Cap ETF Trading Up 2.0%

The firm has a market capitalization of $100.65 billion, a price-to-earnings ratio of 16.52 and a beta of 1.02. The stock’s 50 day moving average price is $127.64 and its two-hundred day moving average price is $123.85.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Pasadena Private Wealth LLC grew its stake in iShares Core S&P Small-Cap ETF by 0.7% in the 4th quarter. Pasadena Private Wealth LLC now owns 10,543 shares of the exchange traded fund’s stock valued at $1,267,000 after acquiring an additional 76 shares during the last quarter. Flavin Financial Services Inc. grew its stake in iShares Core S&P Small-Cap ETF by 0.4% in the 4th quarter. Flavin Financial Services Inc. now owns 18,630 shares of the exchange traded fund’s stock valued at $2,239,000 after acquiring an additional 78 shares during the last quarter. First Trust Advisors LP grew its stake in iShares Core S&P Small-Cap ETF by 1.7% in the 4th quarter. First Trust Advisors LP now owns 4,651 shares of the exchange traded fund’s stock valued at $559,000 after acquiring an additional 78 shares during the last quarter. Westmount Partners LLC grew its stake in iShares Core S&P Small-Cap ETF by 0.3% in the 4th quarter. Westmount Partners LLC now owns 26,052 shares of the exchange traded fund’s stock valued at $3,131,000 after acquiring an additional 79 shares during the last quarter. Finally, Kapstone Financial Advisors LLC boosted its stake in shares of iShares Core S&P Small-Cap ETF by 4.3% during the 4th quarter. Kapstone Financial Advisors LLC now owns 1,904 shares of the exchange traded fund’s stock worth $229,000 after purchasing an additional 79 shares during the last quarter. 66.92% of the stock is owned by institutional investors and hedge funds.

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.