iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Volume Increase – Time to Buy?

by · The Cerbat Gem

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG – Get Free Report) saw an uptick in trading volume on Wednesday . 74,755 shares traded hands during mid-day trading, an increase of 68% from the previous session’s volume of 44,606 shares.The stock last traded at $39.64 and had previously closed at $39.44.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The business has a 50 day moving average price of $46.95 and a 200-day moving average price of $49.44. The company has a market capitalization of $614.66 million, a price-to-earnings ratio of 23.52 and a beta of 1.13.

Institutional Investors Weigh In On iShares Morningstar Small-Cap Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Millstone Evans Group LLC acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 4th quarter worth approximately $37,000. Physician Wealth Advisors Inc. bought a new position in iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth $49,000. Synergy Investment Management LLC acquired a new stake in iShares Morningstar Small-Cap Growth ETF in the fourth quarter worth $70,000. Harbour Investments Inc. grew its holdings in iShares Morningstar Small-Cap Growth ETF by 40.3% in the fourth quarter. Harbour Investments Inc. now owns 3,185 shares of the company’s stock worth $158,000 after purchasing an additional 915 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in iShares Morningstar Small-Cap Growth ETF by 34.3% in the fourth quarter. Jones Financial Companies Lllp now owns 4,072 shares of the company’s stock valued at $201,000 after purchasing an additional 1,040 shares in the last quarter.

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.

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