iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Reaches New 1-Year High – Here’s What Happened

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $76.24 and last traded at $75.81, with a volume of 4563 shares changing hands. The stock had previously closed at $75.09.

iShares Morningstar Small-Cap Value ETF Trading Down 0.1%

The firm has a market capitalization of $652.94 million, a PE ratio of 13.52 and a beta of 0.99. The firm’s fifty day moving average price is $73.35 and its 200 day moving average price is $71.57.

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

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its holdings in iShares Morningstar Small-Cap Value ETF by 17.1% in the first quarter. Bank of America Corp DE now owns 201,871 shares of the company’s stock worth $14,032,000 after purchasing an additional 29,497 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in iShares Morningstar Small-Cap Value ETF in the first quarter worth $247,000. Royal Bank of Canada boosted its holdings in iShares Morningstar Small-Cap Value ETF by 51.1% in the first quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock worth $16,302,000 after purchasing an additional 79,297 shares in the last quarter. Waverly Advisors LLC bought a new stake in iShares Morningstar Small-Cap Value ETF in the first quarter worth $203,000. Finally, Cetera Investment Advisers boosted its holdings in iShares Morningstar Small-Cap Value ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 102,633 shares of the company’s stock worth $7,134,000 after purchasing an additional 3,352 shares in the last quarter.

About iShares Morningstar Small-Cap Value ETF

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.