iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Stock Price Cross Above 200-Day Moving Average – Here’s What Happened

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $60.87 and traded as high as $61.39. iShares Morningstar Small-Cap Growth ETF shares last traded at $61.06, with a volume of 57,130 shares traded.

iShares Morningstar Small-Cap Growth ETF Stock Up 0.6%

The stock’s 50 day moving average price is $62.29 and its 200-day moving average price is $60.91. The stock has a market capitalization of $973.56 million, a P/E ratio of 26.03 and a beta of 1.14.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

A number of hedge funds have recently bought and sold shares of ISCG. Wealth Enhancement Trust Services Inc. boosted its position in iShares Morningstar Small-Cap Growth ETF by 95.8% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 28,540 shares of the company’s stock valued at $1,746,000 after acquiring an additional 13,962 shares in the last quarter. G&S Capital LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 2nd quarter valued at $1,302,000. Beam Wealth Advisors Inc. increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 34.0% in the 1st quarter. Beam Wealth Advisors Inc. now owns 104,264 shares of the company’s stock valued at $5,714,000 after acquiring an additional 26,452 shares during the period. Van Diest Capital LLC increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 667.2% in the 1st quarter. Van Diest Capital LLC now owns 58,414 shares of the company’s stock valued at $3,201,000 after acquiring an additional 50,800 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 4.3% in the 1st quarter. Bank of America Corp DE now owns 269,357 shares of the company’s stock valued at $14,761,000 after acquiring an additional 11,159 shares during the period.

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.