Yes, but they are hard to find. In 1917 S&W introduced an I-frame revolver that they called the Regulation Police. It was like a .32 Hand Ejector but with a square butt (actually, just square butt wood fitted over a specially notched round butt frame.) Almost all RPs were fixed-sight guns, but the company made an adjustable sight version they called the Regulation Police Target Revolver. They had six inch barrels.
The bad news is that very few of these were made. They are hard to find and tend to be expensive. And even with the larger square butt stocks, they feel pretty small in the hand of anyone who has grown accustomed to K-frame stocks.
There's a device called the Wonder sight that can be fitted to fixed sight guns with a top side plate screw. I'm not sure if they are dimensioned to work on I or J frames, but that's at least a theoretical possibility to let you do some .32 target shooting.
Here's a picture of a .32 RP Target that I acquired over the summer. I haven't shot it yet, but I did just get several hundred rounds of .32 WC ammo, so I hope to make a range trip soon.
The original factory description claimed good accuracy for these guns -- 2.5 inch groups at 50 yards.