IJS · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is iShares S&P Small-Cap 600 Value ETF (IJS) stock moving?
No news items or SEC filings were found for IJS in the 14 days or 45 days before Nov 10, 2026, so this view rests only on the 30-day market data. The ETF closed at $133.50 on Nov 10, up from a $130.32 close on Nov 6 and about 1.3% above its $131.70 close on Oct 22. Trading ranged between $129.52 and $136.75 over the period. The most notable session was Nov 5, when the price fell from a $136.75 high to a $130.83 close on 428K shares, about three times the typical daily volume of roughly 100K to 240K. Volume was also elevated on Nov 2 (391K) and Nov 6 (335K). Recent sessions have been mixed: a rebound on Nov 9 with 291K shares, then a quieter Nov 10 with 113K shares. Without any company- or fund-specific catalyst, the price action reflects broad small-cap value moves rather than a clear directional signal.
About iShares S&P Small-Cap 600 Value ETF
IJS is a BlackRock iShares ETF, launched in 2000, that tracks the S&P SmallCap 600 Value Index. That index holds the small US companies in the S&P 600 that look cheapest compared with their book value, earnings and sales. Because the S&P 600 only admits companies that pass a profitability screen, the fund leans toward small companies with real earnings rather than speculative ones.
How the fund works
The fund tries to match the S&P SmallCap 600 Value Index by holding a representative sample of its stocks, roughly 460 to 510 of them. No single company is large: the top 10 holdings make up only about 9% of assets. There is no leverage. The expense ratio is 0.18%, total assets are roughly $7.7 billion, and it pays dividends quarterly, yielding about 1.4%. Turnover is fairly high (about 56% a year) because the index rebalances between value and growth stocks. The fund leans toward financials, industrials, consumer and energy stocks, and small-cap value stocks tend to swing more than large caps.
What usually moves IJS
- US economic growth and recession fears
- Interest rates and credit conditions for smaller firms
- Value vs. growth style rotation
- Bank, industrial and energy sector performance
- Small-cap vs. large-cap sentiment