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

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $80.45 and last traded at $80.39, with a volume of 2309 shares. The stock had previously closed at $79.56.

iShares Morningstar Small-Cap Value ETF Stock Performance

The stock has a market cap of $692.69 million, a P/E ratio of 13.52 and a beta of 0.99. The stock’s fifty day simple moving average is $77.21 and its 200-day simple moving average is $73.95.

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

Institutional investors have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC bought a new position in iShares Morningstar Small-Cap Value ETF during the 4th quarter worth $29,000. Bessemer Group Inc. acquired a new stake in shares of iShares Morningstar Small-Cap Value ETF during the 1st quarter worth $48,000. Laurel Wealth Advisors LLC bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the fourth quarter worth $58,000. Rockefeller Capital Management L.P. raised its stake in iShares Morningstar Small-Cap Value ETF by 16.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock valued at $74,000 after purchasing an additional 150 shares in the last quarter. Finally, Basepoint Wealth LLC acquired a new position in iShares Morningstar Small-Cap Value ETF in the fourth quarter valued at about $121,000.

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.