iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Hits New 1-Year High – Here’s What Happened

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) shares hit a new 52-week high on Tuesday . The company traded as high as $75.38 and last traded at $75.38, with a volume of 1809 shares changing hands. The stock had previously closed at $74.09.

iShares Morningstar Small-Cap Value ETF Trading Up 0.5%

The company has a market cap of $659.20 million, a price-to-earnings ratio of 13.52 and a beta of 1.00. The business has a fifty day moving average price of $72.28 and a two-hundred day moving average price of $71.05.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC increased its position in iShares Morningstar Small-Cap Value ETF by 194.8% in the third quarter. Aptus Capital Advisors LLC now owns 51,082 shares of the company’s stock worth $3,404,000 after purchasing an additional 33,753 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares Morningstar Small-Cap Value ETF by 664.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 139,305 shares of the company’s stock worth $10,034,000 after purchasing an additional 121,076 shares during the period. Exchange Traded Concepts LLC increased its position in iShares Morningstar Small-Cap Value ETF by 12.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 908,467 shares of the company’s stock worth $62,230,000 after purchasing an additional 101,072 shares during the period. MB Generational Wealth LLC acquired a new stake in iShares Morningstar Small-Cap Value ETF in the third quarter worth about $6,257,000. Finally, VAUGHAN & Co SECURITIES INC. increased its position in iShares Morningstar Small-Cap Value ETF by 3.6% in the fourth quarter. VAUGHAN & Co SECURITIES INC. now owns 300,980 shares of the company’s stock worth $20,617,000 after purchasing an additional 10,322 shares during the period.

iShares Morningstar Small-Cap Value ETF Company Profile

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.