iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Hits New 52-Week High – Here’s Why

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $76.24 and last traded at $75.81, with a volume of 4563 shares. The stock had previously closed at $75.09.

iShares Morningstar Small-Cap Value ETF Stock Performance

The stock has a market capitalization of $654.07 million, a price-to-earnings ratio of 13.52 and a beta of 0.99. The company has a 50 day moving average of $73.65 and a 200 day moving average of $71.73.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Aptus Capital Advisors LLC boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 194.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 51,082 shares of the company’s stock worth $3,404,000 after acquiring an additional 33,753 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 664.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 139,305 shares of the company’s stock worth $10,034,000 after acquiring an additional 121,076 shares in the last quarter. VAUGHAN & Co SECURITIES INC. boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 3.6% during the 4th quarter. VAUGHAN & Co SECURITIES INC. now owns 300,980 shares of the company’s stock worth $20,617,000 after acquiring an additional 10,322 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 12.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 908,467 shares of the company’s stock worth $62,230,000 after acquiring an additional 101,072 shares in the last quarter. Finally, Twin Cities Retirement Group LLC acquired a new position in shares of iShares Morningstar Small-Cap Value ETF during the 4th quarter worth about $2,039,000.

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.