iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Reaches New 12-Month High – Here’s What Happened

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $62.04 and last traded at $62.04, with a volume of 1610 shares traded. The stock had previously closed at $60.55.

iShares Morningstar Small-Cap Growth ETF Price Performance

The company has a 50 day simple moving average of $57.65 and a 200-day simple moving average of $56.99. The firm has a market cap of $966.86 million, a PE ratio of 26.03 and a beta of 1.13.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its position in iShares Morningstar Small-Cap Growth ETF by 810.2% in the fourth quarter. Osaic Holdings Inc. now owns 616,773 shares of the company’s stock valued at $34,209,000 after purchasing an additional 549,014 shares during the last quarter. Systelligence LLC purchased a new position in iShares Morningstar Small-Cap Growth ETF during the 1st quarter valued at $14,275,000. LPL Financial LLC raised its holdings in iShares Morningstar Small-Cap Growth ETF by 31.4% in the 4th quarter. LPL Financial LLC now owns 676,850 shares of the company’s stock worth $37,538,000 after purchasing an additional 161,609 shares in the last quarter. McKinley Carter Wealth Services Inc. bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 3rd quarter valued at about $6,816,000. Finally, MRA Advisory Group purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF during the first quarter valued at about $6,014,000.

About iShares Morningstar Small-Cap Growth ETF

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. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.