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

iShares S&P Small-Cap 600 Value ETF (NYSEARCA:IJS) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 83,518 shares, a decrease of 56.0% from the August 31st total of 189,751 shares. Based on an average trading volume of 358,758 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

iShares S&P Small-Cap 600 Value ETF Stock Down 0.1%

Shares of iShares S&P Small-Cap 600 Value ETF stock traded down $0.18 during midday trading on Wednesday, hitting $128.77. The company had a trading volume of 67,026 shares, compared to its average volume of 396,171. The stock has a market cap of $7.65 billion, a price-to-earnings ratio of 13.92 and a beta of 0.99. The company has a fifty day simple moving average of $135.94 and a 200 day simple moving average of $130.91. iShares S&P Small-Cap 600 Value ETF has a 12-month low of $104.63 and a 12-month high of $141.18.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cornerstone Financial Management LLC purchased a new stake in shares of iShares S&P Small-Cap 600 Value ETF during the fourth quarter valued at $26,000. Assetmark Inc. lifted its position in iShares S&P Small-Cap 600 Value ETF by 138.8% during the 1st quarter. Assetmark Inc. now owns 234 shares of the company’s stock worth $28,000 after acquiring an additional 136 shares during the period. Monetary Solutions Ltd purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $31,000. Advisortrust Partners LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the 1st quarter valued at about $36,000. Finally, Sankala Group LLC purchased a new stake in iShares S&P Small-Cap 600 Value ETF during the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 71.86% of the company’s stock.

iShares S&P Small-Cap 600 Value ETF Company Profile

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.