iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sets New 12-Month High – Should You Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares hit a new 52-week high on Wednesday . The company traded as high as $62.04 and last traded at $62.04, with a volume of 1610 shares traded. The stock had previously closed at $60.55.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The company has a 50-day moving average of $57.52 and a 200-day moving average of $56.90. The stock has a market capitalization of $971.40 million, a price-to-earnings ratio of 26.03 and a beta of 1.13.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in ISCG. Mather Group LLC. acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the third quarter valued at $46,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the first quarter valued at approximately $49,000. Arax Advisory Partners acquired a new stake in iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth approximately $52,000. Glassy Mountain Advisors Inc. acquired a new stake in iShares Morningstar Small-Cap Growth ETF during the third quarter worth approximately $68,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF in the 4th quarter worth approximately $78,000.

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. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.