iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Unusually-High Trading Volume – Should You Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw unusually-strong trading volume on Monday . Approximately 186,642 shares were traded during trading, an increase of 349% from the previous session’s volume of 41,544 shares.The stock last traded at $50.90 and had previously closed at $51.42.

iShares Morningstar Small-Cap Growth ETF Stock Down 1.0 %

The business has a 50-day moving average price of $51.41 and a two-hundred day moving average price of $49.50. The company has a market capitalization of $618.56 million, a price-to-earnings ratio of 21.98 and a beta of 1.23.

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

A number of institutional investors have recently modified their holdings of the company. CWM LLC grew its holdings in iShares Morningstar Small-Cap Growth ETF by 5.1% during the third quarter. CWM LLC now owns 165,809 shares of the company’s stock worth $8,118,000 after buying an additional 7,978 shares in the last quarter. Matrix Trust Co grew its holdings in iShares Morningstar Small-Cap Growth ETF by 15.4% during the third quarter. Matrix Trust Co now owns 166,476 shares of the company’s stock worth $8,151,000 after buying an additional 22,161 shares in the last quarter. Gilliland Jeter Wealth Management LLC grew its holdings in iShares Morningstar Small-Cap Growth ETF by 408.5% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 9,260 shares of the company’s stock worth $453,000 after buying an additional 7,439 shares in the last quarter. Private Advisor Group LLC grew its holdings in iShares Morningstar Small-Cap Growth ETF by 6.9% during the third quarter. Private Advisor Group LLC now owns 21,121 shares of the company’s stock worth $1,034,000 after buying an additional 1,366 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF during the third quarter worth $213,000.

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.