iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Shares Down 0.3% – Time to Sell?

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) fell 0.3% during mid-day trading on Wednesday. The stock traded as low as $71.19 and last traded at $71.19. Approximately 5,861 shares were traded during mid-day trading, an increase of 24% from the average session volume of 4,729 shares. The stock had previously closed at $71.41.

iShares Morningstar Small-Cap ETF Stock Performance

The business’s 50-day moving average price is $74.68 and its 200 day moving average price is $72.21. The stock has a market capitalization of $274.21 million, a PE ratio of 41.47 and a beta of 1.05.

Hedge Funds Weigh In On iShares Morningstar Small-Cap ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Key Financial Inc grew its holdings in shares of iShares Morningstar Small-Cap ETF by 20.1% during the first quarter. Key Financial Inc now owns 1,808 shares of the company’s stock worth $118,000 after purchasing an additional 303 shares in the last quarter. Western Wealth Management LLC purchased a new stake in iShares Morningstar Small-Cap ETF in the first quarter valued at approximately $26,000. EverSource Wealth Advisors LLC raised its stake 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 valued at $75,000 after purchasing an additional 574 shares in the last quarter. Royal Bank of Canada lifted its position in iShares Morningstar Small-Cap ETF by 6.1% during the first quarter. Royal Bank of Canada now owns 11,632 shares of the company’s stock valued at $757,000 after purchasing an additional 670 shares during the last quarter. Finally, Matrix Private Capital Group LLC bought a new stake in iShares Morningstar Small-Cap ETF during the first quarter valued at approximately $52,000. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

iShares Morningstar Small-Cap ETF Company Profile

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.