iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Sees Unusually-High Trading Volume – What’s Next?

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) shares saw unusually-high trading volume on Thursday . Approximately 571,857 shares changed hands during mid-day trading, an increase of 73% from the previous session’s volume of 329,885 shares.The stock last traded at $108.78 and had previously closed at $108.61.

iShares S&P Small-Cap 600 Value ETF Price Performance

The stock has a market capitalization of $7.63 billion, a PE ratio of 11.70 and a beta of 1.20. The stock’s fifty day moving average is $112.44 and its 200-day moving average is $106.69.

Hedge Funds Weigh In On iShares S&P Small-Cap 600 Value ETF

A number of hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in shares of iShares S&P Small-Cap 600 Value ETF by 6.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 371,296 shares of the company’s stock valued at $39,974,000 after buying an additional 24,000 shares in the last quarter. Peapack Gladstone Financial Corp raised its position in iShares S&P Small-Cap 600 Value ETF by 6.2% during the third quarter. Peapack Gladstone Financial Corp now owns 49,509 shares of the company’s stock worth $5,331,000 after acquiring an additional 2,885 shares during the period. World Investment Advisors LLC raised its position in iShares S&P Small-Cap 600 Value ETF by 6,991.4% during the third quarter. World Investment Advisors LLC now owns 363,078 shares of the company’s stock worth $39,228,000 after acquiring an additional 357,958 shares during the period. Anchor Investment Management LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 47.8% during the third quarter. Anchor Investment Management LLC now owns 6,164 shares of the company’s stock valued at $664,000 after purchasing an additional 1,994 shares in the last quarter. Finally, Westside Investment Management Inc. grew its position in shares of iShares S&P Small-Cap 600 Value ETF by 19.9% in the third quarter. Westside Investment Management Inc. now owns 1,824 shares of the company’s stock valued at $196,000 after purchasing an additional 303 shares during the period.

About iShares S&P Small-Cap 600 Value ETF

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.