iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Reaches New 1-Year High – Still a Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $60.19 and last traded at $60.0540, with a volume of 13573 shares trading hands. The stock had previously closed at $59.52.

iShares Morningstar Small-Cap Growth ETF Stock Down 1.3%

The business’s 50 day simple moving average is $56.52 and its two-hundred day simple moving average is $54.38. The stock has a market cap of $895.97 million, a P/E ratio of 26.03 and a beta of 1.10.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

A number of hedge funds have recently made changes to their positions in ISCG. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Morningstar Small-Cap Growth ETF by 5.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 490,694 shares of the company’s stock valued at $24,417,000 after buying an additional 25,362 shares during the last quarter. Rockport Wealth LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the second quarter valued at $16,126,000. Gallagher Fiduciary Advisors LLC raised its stake in shares of iShares Morningstar Small-Cap Growth ETF by 4.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 299,710 shares of the company’s stock valued at $14,914,000 after acquiring an additional 13,957 shares during the last quarter. Atria Investments Inc lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 0.8% during the third quarter. Atria Investments Inc now owns 297,748 shares of the company’s stock worth $16,170,000 after purchasing an additional 2,272 shares during the period. Finally, Black Diamond Financial LLC grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 78.1% in the third quarter. Black Diamond Financial LLC now owns 190,335 shares of the company’s stock worth $10,337,000 after purchasing an additional 83,462 shares during the last quarter.

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.