iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Hits New 12-Month High – Still a Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $77.79 and last traded at $77.79, with a volume of 231 shares changing hands. The stock had previously closed at $76.52.

iShares Morningstar Small-Cap Value ETF Trading Down 0.3%

The business’s fifty day moving average price is $74.21 and its 200 day moving average price is $72.00. The firm has a market capitalization of $666.07 million, a price-to-earnings ratio of 13.52 and a beta of 0.99.

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

A number of institutional investors have recently modified their holdings of the business. Exchange Traded Concepts LLC increased its holdings in shares of iShares Morningstar Small-Cap Value ETF by 12.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 908,467 shares of the company’s stock valued at $62,230,000 after acquiring an additional 101,072 shares during the period. Focus Partners Wealth grew its stake in shares of iShares Morningstar Small-Cap Value ETF by 4.5% in the 3rd quarter. Focus Partners Wealth now owns 413,434 shares of the company’s stock valued at $27,524,000 after purchasing an additional 17,642 shares during the last quarter. VAUGHAN & Co SECURITIES INC. grew its stake in shares of iShares Morningstar Small-Cap Value ETF by 3.6% in the 4th quarter. VAUGHAN & Co SECURITIES INC. now owns 300,980 shares of the company’s stock valued at $20,617,000 after purchasing an additional 10,322 shares during the last quarter. Royal Bank of Canada grew its stake in shares of iShares Morningstar Small-Cap Value ETF by 51.1% in the 1st quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock valued at $16,302,000 after purchasing an additional 79,297 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of iShares Morningstar Small-Cap Value ETF by 36.0% in the 4th quarter. LPL Financial LLC now owns 231,259 shares of the company’s stock valued at $15,841,000 after purchasing an additional 61,259 shares during the last quarter.

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.