iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Hits New 1-Year High – What’s Next?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) hit a new 52-week high on Thursday . The company traded as high as $79.69 and last traded at $79.69, with a volume of 964 shares. The stock had previously closed at $78.72.

iShares Morningstar Small-Cap Value ETF Price Performance

The stock has a fifty day simple moving average of $76.09 and a two-hundred day simple moving average of $73.27. The firm has a market capitalization of $692.69 million, a P/E ratio of 13.52 and a beta of 0.99.

Institutional Investors Weigh In On iShares Morningstar Small-Cap Value ETF

A number of large investors have recently bought and sold shares of the stock. Creative Planning raised its holdings in shares of iShares Morningstar Small-Cap Value ETF by 20.5% during the second quarter. Creative Planning now owns 4,955 shares of the company’s stock valued at $304,000 after purchasing an additional 842 shares during the period. JPMorgan Chase & Co. raised its stake in iShares Morningstar Small-Cap Value ETF by 9.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 62,117 shares of the company’s stock worth $3,813,000 after buying an additional 5,139 shares during the period. Ameriprise Financial Inc. raised its stake in iShares Morningstar Small-Cap Value ETF by 49.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 50,332 shares of the company’s stock worth $3,227,000 after buying an additional 16,680 shares during the period. Bank of America Corp DE boosted its holdings in iShares Morningstar Small-Cap Value ETF by 9.4% in the second quarter. Bank of America Corp DE now owns 162,873 shares of the company’s stock worth $9,999,000 after acquiring an additional 13,955 shares in the last quarter. Finally, IHT Wealth Management LLC increased its holdings in shares of iShares Morningstar Small-Cap Value ETF by 2.1% during the second quarter. IHT Wealth Management LLC now owns 27,555 shares of the company’s stock valued at $1,692,000 after acquiring an additional 579 shares in the last quarter.

iShares Morningstar Small-Cap Value ETF Company Profile

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.