iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) Sees Strong Trading Volume – Still a Buy?

iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) shares saw unusually-strong trading volume on Wednesday . Approximately 886,976 shares changed hands during trading, a decline of 18% from the previous session’s volume of 1,075,410 shares.The stock last traded at $63.69 and had previously closed at $64.39.

iShares MSCI EAFE Small-Cap ETF Stock Performance

The stock’s 50 day simple moving average is $65.77 and its 200-day simple moving average is $63.82. The firm has a market cap of $8.81 billion, a price-to-earnings ratio of 12.38 and a beta of 0.96.

Hedge Funds Weigh In On iShares MSCI EAFE Small-Cap ETF

Several hedge funds have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares MSCI EAFE Small-Cap ETF during the 2nd quarter valued at about $25,000. Financial Connections Group Inc. boosted its position in iShares MSCI EAFE Small-Cap ETF by 145.9% in the second quarter. Financial Connections Group Inc. now owns 455 shares of the company’s stock valued at $28,000 after buying an additional 270 shares during the last quarter. MCF Advisors LLC purchased a new stake in iShares MSCI EAFE Small-Cap ETF in the second quarter valued at approximately $28,000. Sachetta LLC acquired a new position in iShares MSCI EAFE Small-Cap ETF in the 2nd quarter worth approximately $30,000. Finally, International Assets Investment Management LLC purchased a new position in iShares MSCI EAFE Small-Cap ETF during the 2nd quarter worth approximately $32,000.

About iShares MSCI EAFE Small-Cap ETF

Santacruz Silver Mining Ltd. is a Canada-based company engaged in the operation, exploration and commercial exploitation of mining concessions in Mexico, with a primary focus on silver, but also, including gold, lead and zinc. The Company is focused on its producing property, the Rosario Mine. In addition, the Company is also exploring three other mineral properties, being the San Felipe Project, which is an advanced-stage project; the Gavilanes Project, which is an exploration project, and the El Gachi Property, which is an early-stage exploration project.