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 strong trading volume on Wednesday . 82,560 shares changed hands during trading, an increase of 136% from the previous session’s volume of 34,967 shares.The stock last traded at $49.76 and had previously closed at $49.97.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The firm has a fifty day simple moving average of $51.58 and a 200-day simple moving average of $48.88. The firm has a market cap of $605.92 million, a price-to-earnings ratio of 21.98 and a beta of 1.23.

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

A number of institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 162.7% during the third quarter. JPMorgan Chase & Co. now owns 1,084,465 shares of the company’s stock worth $53,095,000 after purchasing an additional 671,641 shares during the period. Black Diamond Financial LLC increased its stake in iShares Morningstar Small-Cap Growth ETF by 40.0% during the 3rd quarter. Black Diamond Financial LLC now owns 142,464 shares of the company’s stock worth $6,987,000 after acquiring an additional 40,729 shares during the period. Creekside Partners acquired a new position in iShares Morningstar Small-Cap Growth ETF in the 2nd quarter valued at $1,019,000. Matrix Trust Co lifted its position in shares of iShares Morningstar Small-Cap Growth ETF by 15.4% during the 3rd quarter. Matrix Trust Co now owns 166,476 shares of the company’s stock valued at $8,151,000 after acquiring an additional 22,161 shares during the period. Finally, Steele Capital Management Inc. grew its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 15.4% during the 3rd quarter. Steele Capital Management Inc. now owns 166,476 shares of the company’s stock worth $8,165,000 after purchasing an additional 22,161 shares in the last quarter.

iShares Morningstar Small-Cap Growth ETF Company Profile

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.