Royal Bank of Canada Has $16.30 Million Stake in iShares Morningstar Small-Cap Value ETF $ISCV

Royal Bank of Canada increased its position in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) by 51.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,525 shares of the company’s stock after purchasing an additional 79,297 shares during the period. Royal Bank of Canada owned approximately 2.70% of iShares Morningstar Small-Cap Value ETF worth $16,302,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Rockefeller Capital Management L.P. raised its holdings in iShares Morningstar Small-Cap Value ETF by 16.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock worth $74,000 after buying an additional 150 shares during the last quarter. Chicago Partners Investment Group LLC lifted its stake in shares of iShares Morningstar Small-Cap Value ETF by 0.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 50,339 shares of the company’s stock valued at $3,647,000 after buying an additional 200 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of iShares Morningstar Small-Cap Value ETF by 8.3% during the second quarter. Smartleaf Asset Management LLC now owns 2,621 shares of the company’s stock valued at $161,000 after buying an additional 201 shares during the last quarter. Key Financial Inc grew its holdings in shares of iShares Morningstar Small-Cap Value ETF by 2.6% during the first quarter. Key Financial Inc now owns 11,031 shares of the company’s stock valued at $767,000 after buying an additional 282 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Value ETF during the fourth quarter worth about $29,000.

iShares Morningstar Small-Cap Value ETF Price Performance

ISCV opened at $80.59 on Friday. iShares Morningstar Small-Cap Value ETF has a fifty-two week low of $61.98 and a fifty-two week high of $82.03. The firm has a market capitalization of $701.13 million, a PE ratio of 13.52 and a beta of 0.99. The company’s 50-day moving average is $77.88 and its 200 day moving average is $74.31.

iShares Morningstar Small-Cap Value ETF 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.