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

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw unusually-high trading volume on Monday . Approximately 186,642 shares changed hands 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 Trading Up 0.9 %

The stock has a market cap of $629.86 million, a PE ratio of 21.98 and a beta of 1.23. The business’s 50-day moving average price is $51.30 and its 200-day moving average price is $49.55.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ISCG. TD Private Client Wealth LLC grew its holdings in iShares Morningstar Small-Cap Growth ETF by 2.2% during the third quarter. TD Private Client Wealth LLC now owns 14,600 shares of the company’s stock worth $715,000 after acquiring an additional 309 shares during the period. Private Advisor Group LLC boosted its position in iShares Morningstar Small-Cap Growth ETF by 2.5% in the 4th quarter. Private Advisor Group LLC now owns 21,653 shares of the company’s stock worth $1,071,000 after purchasing an additional 532 shares in the last quarter. Key Financial Inc grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 4.3% during the 3rd quarter. Key Financial Inc now owns 13,403 shares of the company’s stock worth $656,000 after purchasing an additional 549 shares during the period. Gilliland Jeter Wealth Management LLC increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 7.8% during the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 9,978 shares of the company’s stock valued at $494,000 after purchasing an additional 718 shares in the last quarter. Finally, Opes Wealth Management LLC lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 0.8% in the 3rd quarter. Opes Wealth Management LLC now owns 104,440 shares of the company’s stock valued at $5,113,000 after purchasing an additional 833 shares during the period.

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.