iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Stock Price Up 0.4% – What’s Next?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s share price shot up 0.4% on Monday. The stock traded as high as $76.13 and last traded at $75.79. Approximately 7,962 shares changed hands during trading, a decline of 42% from the average daily volume of 13,798 shares. The stock had previously closed at $75.49.

iShares Morningstar Small-Cap Value ETF Trading Down 1.1%

The business has a fifty day simple moving average of $79.12 and a two-hundred day simple moving average of $76.33. The stock has a market cap of $655.28 million, a PE ratio of 13.52 and a beta of 1.01.

Institutional Investors Weigh In On iShares Morningstar Small-Cap Value ETF

Hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. bought a new stake in iShares Morningstar Small-Cap Value ETF in the first quarter worth $48,000. Rockefeller Capital Management L.P. lifted its stake in shares of iShares Morningstar Small-Cap Value ETF by 16.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock worth $74,000 after buying an additional 150 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the second quarter worth approximately $92,000. Wellington Altus USA Inc. grew its holdings in shares of iShares Morningstar Small-Cap Value ETF by 25.3% during the second quarter. Wellington Altus USA Inc. now owns 2,475 shares of the company’s stock valued at $194,000 after buying an additional 500 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new stake in shares of iShares Morningstar Small-Cap Value ETF during the first quarter valued at approximately $202,000.

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.