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

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw strong trading volume on Tuesday . 340,236 shares changed hands during trading, an increase of 476% from the previous session’s volume of 59,095 shares.The stock last traded at $52.7150 and had previously closed at $52.45.

iShares Morningstar Small-Cap Growth ETF Stock Up 0.5%

The company has a market capitalization of $738.23 million, a P/E ratio of 26.03 and a beta of 1.10. The firm’s 50-day moving average price is $54.72 and its 200 day moving average price is $51.53.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Several institutional investors have recently made changes to their positions in the company. Focus Partners Wealth boosted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 303.0% in the 1st quarter. Focus Partners Wealth now owns 1,823,354 shares of the company’s stock worth $82,142,000 after buying an additional 1,370,872 shares during the last quarter. Rockport Wealth LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF in the second quarter worth $16,126,000. McKinley Carter Wealth Services Inc. bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 3rd quarter valued at about $6,816,000. Black Diamond Financial LLC lifted its position in iShares Morningstar Small-Cap Growth ETF by 78.1% during the third quarter. Black Diamond Financial LLC now owns 190,335 shares of the company’s stock valued at $10,337,000 after purchasing an additional 83,462 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its position in iShares Morningstar Small-Cap Growth ETF by 4,876.0% in the second quarter. Laurel Wealth Advisors LLC now owns 70,162 shares of the company’s stock worth $3,491,000 after acquiring an additional 68,752 shares in 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.