iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Volume Increase – Should You Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw unusually-high trading volume on Friday . Approximately 545,455 shares traded hands during mid-day trading, an increase of 1,333% from the previous session’s volume of 38,055 shares.The stock last traded at $46.52 and had previously closed at $46.31.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The firm has a market capitalization of $611.87 million, a price-to-earnings ratio of 24.71 and a beta of 1.10. The business’s 50 day moving average is $50.19 and its 200-day moving average is $50.01.

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

Large investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC acquired a new position in iShares Morningstar Small-Cap Growth ETF in the third quarter worth about $213,000. Atria Investments Inc grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 2.2% in the 3rd quarter. Atria Investments Inc now owns 317,716 shares of the company’s stock valued at $15,555,000 after purchasing an additional 6,844 shares during the period. Beam Wealth Advisors Inc. raised its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 3.1% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 29,194 shares of the company’s stock worth $1,429,000 after buying an additional 888 shares in the last quarter. Black Diamond Financial LLC lifted its position in shares of iShares Morningstar Small-Cap Growth ETF by 40.0% during the 3rd quarter. Black Diamond Financial LLC now owns 142,464 shares of the company’s stock worth $6,987,000 after buying an additional 40,729 shares during the period. Finally, Prospera Financial Services Inc acquired a new stake in iShares Morningstar Small-Cap Growth ETF in the 3rd quarter valued at $211,000.

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.