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

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) reached a new 52-week high on Tuesday . The stock 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 Price Performance

The company has a market capitalization of $653.63 million, a PE ratio of 13.52 and a beta of 1.00. The company has a 50-day moving average of $72.02 and a two-hundred day moving average of $70.92.

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

Several large investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its holdings in iShares Morningstar Small-Cap Value ETF by 16.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock valued at $74,000 after purchasing an additional 150 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of iShares Morningstar Small-Cap Value ETF by 0.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 50,339 shares of the company’s stock valued at $3,647,000 after acquiring an additional 200 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in shares of iShares Morningstar Small-Cap Value ETF by 8.3% in the second quarter. Smartleaf Asset Management LLC now owns 2,621 shares of the company’s stock valued at $161,000 after acquiring an additional 201 shares in the last quarter. Ipsen Advisor Group LLC lifted its position in shares of iShares Morningstar Small-Cap Value ETF by 0.4% in the third quarter. Ipsen Advisor Group LLC now owns 56,254 shares of the company’s stock valued at $3,749,000 after acquiring an additional 220 shares in the last quarter. Finally, Towerpoint Wealth LLC lifted its position in shares of iShares Morningstar Small-Cap Value ETF by 4.2% in the fourth quarter. Towerpoint Wealth LLC now owns 5,884 shares of the company’s stock valued at $403,000 after acquiring an additional 236 shares in the last quarter.

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.