iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Reaches New 12-Month High – Time to Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares reached a new 52-week high during trading on Friday . The stock traded as high as $60.41 and last traded at $60.41, with a volume of 1323 shares. The stock had previously closed at $59.50.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The company has a market cap of $947.21 million, a P/E ratio of 26.03 and a beta of 1.13. The business has a 50 day moving average price of $57.14 and a two-hundred day moving average price of $56.45.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

A number of institutional investors have recently made changes to their positions in the stock. Mather Group LLC. purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter worth $46,000. Arax Advisory Partners bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter valued at about $52,000. Glassy Mountain Advisors Inc. purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the third quarter worth about $68,000. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter worth about $78,000. Finally, Chilton Capital Management LLC bought a new position in iShares Morningstar Small-Cap Growth ETF during the 3rd quarter valued at approximately $90,000.

iShares Morningstar Small-Cap Growth ETF Company Profile

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.