iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Strong Trading Volume – Still a Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw strong trading volume on Tuesday . 71,037 shares were traded during trading, an increase of 98% from the previous session’s volume of 35,885 shares.The stock last traded at $51.12 and had previously closed at $50.90.

iShares Morningstar Small-Cap Growth ETF Stock Up 0.7 %

The stock has a market capitalization of $622.93 million, a P/E ratio of 21.98 and a beta of 1.23. The company has a 50-day moving average price of $51.46 and a two-hundred day moving average price of $49.40.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Gilliland Jeter Wealth Management LLC raised its position in shares of iShares Morningstar Small-Cap Growth ETF by 7.8% in the fourth quarter. Gilliland Jeter Wealth Management LLC now owns 9,978 shares of the company’s stock worth $494,000 after buying an additional 718 shares in the last quarter. NorthStar Asset Management LLC NJ increased its stake in iShares Morningstar Small-Cap Growth ETF by 4.2% in the fourth quarter. NorthStar Asset Management LLC NJ now owns 80,954 shares of the company’s stock valued at $4,004,000 after acquiring an additional 3,247 shares during the last quarter. Jim Saulnier & Associates LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF during the fourth quarter valued at about $253,000. Flagship Harbor Advisors LLC raised its stake in shares of iShares Morningstar Small-Cap Growth ETF by 11.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 29,170 shares of the company’s stock worth $1,443,000 after acquiring an additional 2,978 shares in the last quarter. Finally, Phoenix Wealth Advisors lifted its stake in iShares Morningstar Small-Cap Growth ETF by 20.6% in the fourth quarter. Phoenix Wealth Advisors now owns 35,236 shares of the company’s stock worth $1,743,000 after purchasing an additional 6,024 shares during the last quarter.

iShares Morningstar Small-Cap Growth ETF Company Profile

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.