iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) Short Interest Update

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 80,636 shares, a drop of 77.5% from the May 31st total of 358,161 shares. Based on an average daily volume of 670,685 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Merrithew & Thorsten Inc purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF in the 4th quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new position in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth approximately $26,000. Assetmark Inc. raised its stake in iShares S&P Small-Cap 600 Value ETF by 138.8% in the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock valued at $28,000 after purchasing an additional 136 shares during the last quarter. Accredited Wealth Management LLC lifted its holdings in iShares S&P Small-Cap 600 Value ETF by 409.6% in the 3rd quarter. Accredited Wealth Management LLC now owns 265 shares of the company’s stock valued at $29,000 after purchasing an additional 213 shares in the last quarter. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the 4th quarter worth about $30,000. 71.86% of the stock is owned by institutional investors and hedge funds.

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

iShares S&P Small-Cap 600 Value ETF stock opened at $136.93 on Friday. The business has a 50 day simple moving average of $130.23 and a 200-day simple moving average of $123.49. iShares S&P Small-Cap 600 Value ETF has a 12 month low of $97.90 and a 12 month high of $137.07. The stock has a market capitalization of $8.38 billion, a PE ratio of 13.92 and a beta of 1.00.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.