iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) Hits New 12-Month High – Still a Buy?

iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) reached a new 52-week high on Monday . The stock traded as high as $127.46 and last traded at $127.32, with a volume of 207149 shares trading hands. The stock had previously closed at $125.05.

iShares Core S&P Small-Cap ETF Stock Up 2.3 %

The stock has a market capitalization of $92.81 billion, a price-to-earnings ratio of 12.95 and a beta of 1.16. The firm has a fifty day moving average of $117.72 and a 200-day moving average of $113.01.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Riggs Asset Managment Co. Inc. raised its holdings in iShares Core S&P Small-Cap ETF by 50.6% in the 3rd quarter. Riggs Asset Managment Co. Inc. now owns 271 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 91 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in iShares Core S&P Small-Cap ETF by 407.5% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 340 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 273 shares during the last quarter. HWG Holdings LP purchased a new stake in iShares Core S&P Small-Cap ETF in the 2nd quarter valued at about $41,000. Financial Connections Group Inc. acquired a new position in shares of iShares Core S&P Small-Cap ETF during the 2nd quarter valued at about $54,000. Finally, Abich Financial Wealth Management LLC lifted its holdings in shares of iShares Core S&P Small-Cap ETF by 285.6% during the 3rd quarter. Abich Financial Wealth Management LLC now owns 482 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 357 shares during the period.

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.