iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Trading Down 0.3% – Here’s Why

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) fell 0.3% during trading on Monday . The company traded as low as $61.79 and last traded at $62.09. 25,198 shares were traded during trading, a decline of 36% from the average session volume of 39,382 shares. The stock had previously closed at $62.25.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The company’s fifty day moving average price is $63.84 and its two-hundred day moving average price is $61.34. The firm has a market capitalization of $960.01 million, a PE ratio of 26.03 and a beta of 1.12.

Hedge Funds Weigh In On iShares Morningstar Small-Cap Growth ETF

Large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 5.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 519,552 shares of the company’s stock valued at $28,814,000 after buying an additional 28,968 shares during the period. Cetera Investment Advisers boosted its holdings in iShares Morningstar Small-Cap Growth ETF by 2.1% in the first quarter. Cetera Investment Advisers now owns 412,639 shares of the company’s stock valued at $22,613,000 after acquiring an additional 8,629 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares Morningstar Small-Cap Growth ETF by 4.3% in the first quarter. Bank of America Corp DE now owns 269,357 shares of the company’s stock valued at $14,761,000 after acquiring an additional 11,159 shares during the last quarter. Systelligence LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF during the first quarter valued at about $14,275,000. Finally, Matrix Trust Co grew its position in iShares Morningstar Small-Cap Growth ETF by 0.9% during the second quarter. Matrix Trust Co now owns 180,159 shares of the company’s stock valued at $11,808,000 after acquiring an additional 1,656 shares during the period.

About iShares Morningstar Small-Cap Growth ETF

The iShares Morningstar Small-Cap Growth ETF (ISCG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap growth stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s growth style categorization. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.