iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Trading Down 0.3% – What’s Next?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares were down 0.3% during mid-day trading on Monday . The company traded as low as $61.79 and last traded at $62.09. Approximately 25,198 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 39,382 shares. The stock had previously closed at $62.25.

iShares Morningstar Small-Cap Growth ETF Price Performance

The firm has a 50-day simple moving average of $63.89 and a 200 day simple moving average of $61.33. The stock has a market capitalization of $962.39 million, a P/E ratio of 26.03 and a beta of 1.12.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF during the 1st quarter worth approximately $49,000. Western Wealth Management LLC acquired a new position in iShares Morningstar Small-Cap Growth ETF in the 1st quarter valued at approximately $76,000. Integrated Wealth Concepts LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the second quarter valued at $76,000. Everhart Financial Group Inc. bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the second quarter valued at $223,000. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 6.1% during the first quarter. Kestra Private Wealth Services LLC now owns 4,087 shares of the company’s stock worth $224,000 after purchasing an additional 236 shares during the period.

iShares Morningstar Small-Cap Growth ETF Company Profile

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