iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Shares Up 0.3% – Here’s Why

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCBGet Free Report)’s share price were up 0.3% on Tuesday . The company traded as high as $76.79 and last traded at $76.63. 1,825 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 4,814 shares. The stock had previously closed at $76.43.

iShares Morningstar Small-Cap ETF Stock Performance

The firm’s 50-day simple moving average is $74.22 and its 200-day simple moving average is $70.63. The company has a market capitalization of $291.19 million, a price-to-earnings ratio of 44.04 and a beta of 1.05.

Hedge Funds Weigh In On iShares Morningstar Small-Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Morningstar Small-Cap ETF by 7,167.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,835 shares of the company’s stock worth $83,527,000 after acquiring an additional 1,267,155 shares during the period. Comerica Bank increased its position in shares of iShares Morningstar Small-Cap ETF by 242.8% during the fourth quarter. Comerica Bank now owns 3,791 shares of the company’s stock valued at $246,000 after purchasing an additional 2,685 shares during the period. NBC Securities Inc. raised its stake in shares of iShares Morningstar Small-Cap ETF by 7.2% in the fourth quarter. NBC Securities Inc. now owns 2,325 shares of the company’s stock valued at $151,000 after purchasing an additional 156 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in iShares Morningstar Small-Cap ETF by 100.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,148 shares of the company’s stock worth $75,000 after purchasing an additional 574 shares during the period. Finally, Fifth Third Bancorp bought a new position in iShares Morningstar Small-Cap ETF in the first quarter worth $237,000. 0.01% of the stock is currently owned by institutional investors.

About iShares Morningstar Small-Cap ETF

(Get Free Report)

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.

Further Reading

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