iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Reaches New 52-Week High – What’s Next?

by · The Markets Daily

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $60.19 and last traded at $60.0540, with a volume of 13573 shares trading hands. The stock had previously closed at $59.52.

iShares Morningstar Small-Cap Growth ETF Price Performance

The stock has a market cap of $896.12 million, a PE ratio of 26.03 and a beta of 1.10. The company’s fifty day moving average is $56.28 and its 200-day moving average is $54.28.

Hedge Funds Weigh In On iShares Morningstar Small-Cap Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Towerpoint Wealth LLC grew its holdings in iShares Morningstar Small-Cap Growth ETF by 5.7% during the fourth quarter. Towerpoint Wealth LLC now owns 4,624 shares of the company’s stock worth $256,000 after acquiring an additional 250 shares during the period. Matrix Trust Co grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 0.8% during the 4th quarter. Matrix Trust Co now owns 178,213 shares of the company’s stock worth $9,884,000 after purchasing an additional 1,430 shares during the period. Certified Advisory Corp grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 2.9% during the 4th quarter. Certified Advisory Corp now owns 76,776 shares of the company’s stock worth $4,258,000 after purchasing an additional 2,136 shares during the period. Asempa Wealth Advisors purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at approximately $240,000. Finally, Opes Wealth Management LLC lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 0.7% in the 3rd quarter. Opes Wealth Management LLC now owns 128,013 shares of the company’s stock valued at $6,952,000 after purchasing an additional 944 shares during the period.

About iShares Morningstar Small-Cap Growth ETF

(Get Free Report)

The iShares Morningstar Small-Cap Growth ETF (ISCG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap growth stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s growth style categorization. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.

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