iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Trading Down 1.3% – Should You Sell?

Shares of iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) traded down 1.3% during trading on Tuesday . The company traded as low as $70.74 and last traded at $72.26. 15,647 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 15,211 shares. The stock had previously closed at $73.23.

iShares Morningstar Small-Cap Value ETF Stock Down 1.3%

The stock has a market cap of $614.21 million, a P/E ratio of 13.52 and a beta of 1.11. The company’s 50 day moving average price is $72.10 and its two-hundred day moving average price is $68.80.

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

Several hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in shares of iShares Morningstar Small-Cap Value ETF by 540.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 60,270 shares of the company’s stock worth $3,700,000 after buying an additional 50,864 shares in the last quarter. World Investment Advisors purchased a new stake in iShares Morningstar Small-Cap Value ETF in the second quarter worth about $206,000. Bank of Montreal Can bought a new position in iShares Morningstar Small-Cap Value ETF during the 2nd quarter worth about $29,000. Key Financial Inc grew its holdings in iShares Morningstar Small-Cap Value ETF by 8.6% during the 2nd quarter. Key Financial Inc now owns 9,311 shares of the company’s stock worth $572,000 after acquiring an additional 735 shares in the last quarter. Finally, Ipsen Advisor Group LLC increased its position in iShares Morningstar Small-Cap Value ETF by 2.8% during the 2nd quarter. Ipsen Advisor Group LLC now owns 56,034 shares of the company’s stock valued at $3,440,000 after purchasing an additional 1,503 shares during the period.

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.