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

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $77.90 and last traded at $77.90, with a volume of 1101 shares trading hands. The stock had previously closed at $76.29.

iShares Morningstar Small-Cap Value ETF Trading Up 0.6%

The company has a market cap of $673.55 million, a price-to-earnings ratio of 13.52 and a beta of 0.99. The stock’s 50-day moving average is $74.78 and its 200-day moving average is $72.33.

Hedge Funds Weigh In On iShares Morningstar Small-Cap Value ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ISCV. Flagship Harbor Advisors LLC acquired a new position in iShares Morningstar Small-Cap Value ETF during the 4th quarter worth approximately $29,000. Bessemer Group Inc. bought a new position in iShares Morningstar Small-Cap Value ETF in the 1st quarter valued at about $48,000. Laurel Wealth Advisors LLC acquired a new position in iShares Morningstar Small-Cap Value ETF during the 4th quarter valued at about $58,000. Rockefeller Capital Management L.P. boosted its stake in iShares Morningstar Small-Cap Value ETF by 16.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock valued at $74,000 after purchasing an additional 150 shares during the last quarter. Finally, Basepoint Wealth LLC bought a new stake in iShares Morningstar Small-Cap Value ETF during the 4th quarter worth approximately $121,000.

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.