iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Trading Up 0.7% – Time to Buy?

Shares of iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) traded up 0.7% on Monday . The stock traded as high as $66.68 and last traded at $66.62. 4,162 shares were traded during trading, a decline of 35% from the average session volume of 6,399 shares. The stock had previously closed at $66.16.

iShares Morningstar Small-Cap ETF Stock Down 0.6%

The business’s fifty day moving average is $68.35 and its 200-day moving average is $65.55. The stock has a market capitalization of $254.95 million, a PE ratio of 38.06 and a beta of 1.12.

Institutional Trading of iShares Morningstar Small-Cap ETF

Several institutional investors have recently made changes to their positions in ISCB. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Morningstar Small-Cap ETF by 7,167.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,835 shares of the company’s stock worth $83,527,000 after buying an additional 1,267,155 shares during the last quarter. Cetera Investment Advisers boosted its holdings in iShares Morningstar Small-Cap ETF by 1.7% in the fourth quarter. Cetera Investment Advisers now owns 270,042 shares of the company’s stock valued at $17,556,000 after acquiring an additional 4,598 shares during the last quarter. LPL Financial LLC grew its position in iShares Morningstar Small-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 178,349 shares of the company’s stock valued at $11,595,000 after acquiring an additional 8,631 shares during the period. Wells Fargo & Company MN increased its stake in iShares Morningstar Small-Cap ETF by 0.4% during the fourth quarter. Wells Fargo & Company MN now owns 71,397 shares of the company’s stock worth $4,642,000 after acquiring an additional 251 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in iShares Morningstar Small-Cap ETF by 2.3% during the third quarter. Bank of America Corp DE now owns 67,100 shares of the company’s stock worth $4,256,000 after acquiring an additional 1,500 shares during the last quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.

About iShares Morningstar Small-Cap ETF

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.