Short Interest in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Declines By 35.7%

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 34,618 shares, a decrease of 35.7% from the November 30th total of 53,814 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 33,002 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 33,002 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of ISCG. Prospera Financial Services Inc grew its stake in iShares Morningstar Small-Cap Growth ETF by 5.3% in the third quarter. Prospera Financial Services Inc now owns 4,545 shares of the company’s stock worth $247,000 after purchasing an additional 227 shares in the last quarter. Madison Wealth Partners Inc lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 3.2% in the 2nd quarter. Madison Wealth Partners Inc now owns 7,368 shares of the company’s stock worth $367,000 after buying an additional 231 shares during the period. GWN Securities Inc. lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 3.0% in the 3rd quarter. GWN Securities Inc. now owns 7,850 shares of the company’s stock worth $427,000 after buying an additional 232 shares during the period. Jim Saulnier & Associates LLC grew its position in shares of iShares Morningstar Small-Cap Growth ETF by 5.4% during the 3rd quarter. Jim Saulnier & Associates LLC now owns 4,754 shares of the company’s stock worth $258,000 after buying an additional 245 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in shares of iShares Morningstar Small-Cap Growth ETF by 13.9% during the second quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock valued at $134,000 after buying an additional 331 shares during the period.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of ISCG opened at $56.87 on Friday. The firm has a market capitalization of $796.18 million, a price-to-earnings ratio of 26.03 and a beta of 1.10. iShares Morningstar Small-Cap Growth ETF has a 1-year low of $38.73 and a 1-year high of $57.84. The company has a 50-day moving average of $55.31 and a 200 day moving average of $53.17.

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.