iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sets New 1-Year High – Here’s What Happened

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)’s stock price reached a new 52-week high on Thursday . The company traded as high as $64.33 and last traded at $64.33, with a volume of 1260 shares. The stock had previously closed at $63.02.

iShares Morningstar Small-Cap Growth ETF Price Performance

The stock has a market cap of $1.00 billion, a PE ratio of 26.03 and a beta of 1.13. The company’s fifty day moving average is $61.60 and its 200-day moving average is $58.78.

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

Several institutional investors and hedge funds have recently modified their holdings of ISCG. Three Bearings Fiduciary Advisors Inc. boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 1.4% in the first quarter. Three Bearings Fiduciary Advisors Inc. now owns 86,105 shares of the company’s stock worth $4,719,000 after buying an additional 1,190 shares during the last quarter. NewEdge Advisors LLC raised its position in iShares Morningstar Small-Cap Growth ETF by 6.8% during the first quarter. NewEdge Advisors LLC now owns 30,667 shares of the company’s stock valued at $1,681,000 after acquiring an additional 1,951 shares in the last quarter. Keel Point LLC acquired a new position in iShares Morningstar Small-Cap Growth ETF in the first quarter valued at approximately $242,000. Ipsen Advisor Group LLC lifted its holdings in iShares Morningstar Small-Cap Growth ETF by 1.6% in the first quarter. Ipsen Advisor Group LLC now owns 115,493 shares of the company’s stock valued at $6,329,000 after acquiring an additional 1,874 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF in the 1st quarter worth approximately $76,000.

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.