iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sets New 12-Month High – Here’s What Happened

Shares of iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) reached a new 52-week high during trading on Wednesday . The company traded as high as $75.38 and last traded at $75.24, with a volume of 5495 shares trading hands. The stock had previously closed at $74.44.

iShares Morningstar Small-Cap Value ETF Stock Up 0.6%

The company has a market capitalization of $650.93 million, a P/E ratio of 13.52 and a beta of 1.00. The business’s 50-day moving average price is $71.48 and its 200 day moving average price is $70.31.

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

Several hedge funds have recently bought and sold shares of ISCV. Creative Planning lifted its position 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 purchasing an additional 842 shares during the last quarter. JPMorgan Chase & Co. lifted its position 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 purchasing an additional 5,139 shares during the last quarter. Ameriprise Financial Inc. lifted its position 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 purchasing an additional 16,680 shares during the last quarter. Bank of America Corp DE lifted its position 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 purchasing an additional 13,955 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its position 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 purchasing an additional 579 shares during 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.