iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sets New 1-Year High – Still a Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $81.14 and last traded at $80.82, with a volume of 523 shares traded. The stock had previously closed at $80.53.

iShares Morningstar Small-Cap Value ETF Price Performance

The company has a 50 day simple moving average of $77.54 and a 200-day simple moving average of $74.13. The firm has a market cap of $705.13 million, a PE ratio of 13.52 and a beta of 0.99.

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

A number of institutional investors have recently made changes to their positions in ISCV. Creative Planning lifted its stake in iShares Morningstar Small-Cap Value ETF by 20.5% in the second quarter. Creative Planning now owns 4,955 shares of the company’s stock worth $304,000 after purchasing an additional 842 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Morningstar Small-Cap Value ETF by 9.0% in the second 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. lifted its stake in shares of iShares Morningstar Small-Cap Value ETF by 49.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 50,332 shares of the company’s stock valued at $3,227,000 after acquiring an additional 16,680 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Morningstar Small-Cap Value ETF by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 162,873 shares of the company’s stock valued at $9,999,000 after acquiring an additional 13,955 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in iShares Morningstar Small-Cap Value ETF by 2.1% during the 2nd 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 during the period.

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.