iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Reaches New 52-Week High – Time to Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCVGet Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $78.69 and last traded at $78.32, with a volume of 52016 shares traded. The stock had previously closed at $78.35.

iShares Morningstar Small-Cap Value ETF Price Performance

The stock’s 50-day moving average price is $75.17 and its 200-day moving average price is $72.59. The company has a market cap of $681.38 million, a P/E ratio of 13.52 and a beta of 0.99.

Institutional Trading of iShares Morningstar Small-Cap Value ETF

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of iShares Morningstar Small-Cap Value ETF by 17.1% during the 1st quarter. Bank of America Corp DE now owns 201,871 shares of the company’s stock worth $14,032,000 after purchasing an additional 29,497 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of iShares Morningstar Small-Cap Value ETF in the first quarter valued at approximately $247,000. Royal Bank of Canada raised its position in shares of iShares Morningstar Small-Cap Value ETF by 51.1% in the first quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock valued at $16,302,000 after buying an additional 79,297 shares in the last quarter. Waverly Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Value ETF in the first quarter valued at approximately $203,000. Finally, Cetera Investment Advisers boosted its stake in shares of iShares Morningstar Small-Cap Value ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 102,633 shares of the company’s stock valued at $7,134,000 after buying an additional 3,352 shares during the period.

About iShares Morningstar Small-Cap Value ETF

(Get Free Report)

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.

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