iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sets New 52-Week High – Here’s What Happened

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $56.72 and last traded at $56.6110, with a volume of 3205 shares. The stock had previously closed at $56.44.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The firm has a market capitalization of $791.84 million, a price-to-earnings ratio of 26.03 and a beta of 1.10. The company has a 50-day moving average price of $54.77 and a 200-day moving average price of $52.16.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Focus Partners Wealth boosted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 303.0% in the 1st quarter. Focus Partners Wealth now owns 1,823,354 shares of the company’s stock valued at $82,142,000 after buying an additional 1,370,872 shares in the last quarter. Rockport Wealth LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF in the second quarter valued at $16,126,000. McKinley Carter Wealth Services Inc. purchased a new stake in iShares Morningstar Small-Cap Growth ETF in the third quarter valued at $6,816,000. Black Diamond Financial LLC grew its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 78.1% during the third quarter. Black Diamond Financial LLC now owns 190,335 shares of the company’s stock worth $10,337,000 after purchasing an additional 83,462 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 4,876.0% during the second quarter. Laurel Wealth Advisors LLC now owns 70,162 shares of the company’s stock worth $3,491,000 after purchasing an additional 68,752 shares during the last quarter.

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.