iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Strong Trading Volume – What’s Next?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw an uptick in trading volume on Wednesday . 273,293 shares were traded during mid-day trading, an increase of 408% from the previous session’s volume of 53,832 shares.The stock last traded at $59.0760 and had previously closed at $58.85.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The company has a market cap of $900.97 million, a price-to-earnings ratio of 26.03 and a beta of 1.10. The business has a fifty day moving average price of $57.95 and a 200 day moving average price of $55.61.

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

A number of hedge funds have recently made changes to their positions in ISCG. Van Diest Capital LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at approximately $422,000. NewEdge Advisors LLC boosted its position in iShares Morningstar Small-Cap Growth ETF by 28.0% in the fourth quarter. NewEdge Advisors LLC now owns 28,716 shares of the company’s stock valued at $1,593,000 after buying an additional 6,281 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth $142,000. River S Edge Wealth Management LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth $403,000. Finally, Synergy Financial Group LTD increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 4.4% during the fourth quarter. Synergy Financial Group LTD now owns 7,892 shares of the company’s stock worth $438,000 after buying an additional 336 shares in the last quarter.

About iShares Morningstar Small-Cap Growth ETF

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.