Northwestern Mutual Wealth Management Co. Has $10.03 Million Stock Position in iShares Morningstar Small-Cap Value ETF $ISCV

Northwestern Mutual Wealth Management Co. grew its position in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) by 664.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 139,305 shares of the company’s stock after acquiring an additional 121,076 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Small-Cap Value ETF were worth $10,034,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new position in shares of iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at $29,000. Laurel Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at $58,000. Chilton Capital Management LLC acquired a new position in shares of iShares Morningstar Small-Cap Value ETF in the 3rd quarter valued at $122,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of iShares Morningstar Small-Cap Value ETF in the 3rd quarter valued at $168,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of iShares Morningstar Small-Cap Value ETF by 8.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,621 shares of the company’s stock valued at $161,000 after buying an additional 201 shares during the period.

iShares Morningstar Small-Cap Value ETF Stock Up 0.4%

Shares of ISCV stock opened at $74.09 on Friday. The firm has a market capitalization of $644.58 million, a price-to-earnings ratio of 13.52 and a beta of 1.00. iShares Morningstar Small-Cap Value ETF has a 12-month low of $58.01 and a 12-month high of $75.38. The firm has a fifty day moving average of $71.80 and a 200-day moving average of $70.79.

About iShares Morningstar Small-Cap Value ETF

The iShares Morningstar Small-Cap Value ETF (ISCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap value stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s value style categorization. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.