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

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $75.00 and last traded at $75.00, with a volume of 1707 shares trading hands. The stock had previously closed at $74.68.

iShares Morningstar Small-Cap Value ETF Price Performance

The stock has a 50 day simple moving average of $71.36 and a 200-day simple moving average of $69.71. The firm has a market cap of $647.98 million, a PE ratio of 13.52 and a beta of 1.02.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ISCV. Creative Planning raised its stake in 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 buying an additional 842 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Morningstar Small-Cap Value ETF by 9.0% during the second quarter. JPMorgan Chase & Co. now owns 62,117 shares of the company’s stock valued at $3,813,000 after buying an additional 5,139 shares during the last quarter. Ameriprise Financial Inc. raised its stake in iShares Morningstar Small-Cap Value ETF by 49.6% during the second quarter. Ameriprise Financial Inc. now owns 50,332 shares of the company’s stock valued at $3,227,000 after buying an additional 16,680 shares during the last quarter. Bank of America Corp DE raised its stake in iShares Morningstar Small-Cap Value ETF by 9.4% during the second quarter. Bank of America Corp DE now owns 162,873 shares of the company’s stock valued at $9,999,000 after buying an additional 13,955 shares during the last quarter. Finally, IHT Wealth Management LLC raised its stake in 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 buying an additional 579 shares during the last quarter.

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.