Steele Capital Management Inc. Makes New $14.18 Million Investment in iShares Morningstar Small-Cap Value ETF $ISCV

Steele Capital Management Inc. acquired a new position in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 189,541 shares of the company’s stock, valued at approximately $14,179,000. Steele Capital Management Inc. owned approximately 2.15% of iShares Morningstar Small-Cap Value ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada raised its position in iShares Morningstar Small-Cap Value ETF by 51.1% in the 1st quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock worth $16,302,000 after buying an additional 79,297 shares during the last quarter. Matrix Trust Co boosted its holdings in shares of iShares Morningstar Small-Cap Value ETF by 0.8% during the 2nd quarter. Matrix Trust Co now owns 189,142 shares of the company’s stock valued at $14,813,000 after acquiring an additional 1,539 shares during the last quarter. Bank of America Corp DE grew its stake in shares of iShares Morningstar Small-Cap Value ETF by 17.1% in the first quarter. Bank of America Corp DE now owns 201,871 shares of the company’s stock worth $14,032,000 after acquiring an additional 29,497 shares during the period. Cetera Investment Advisers grew its stake in shares of iShares Morningstar Small-Cap Value ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 102,633 shares of the company’s stock worth $7,134,000 after acquiring an additional 3,352 shares during the period. Finally, Chicago Partners Investment Group LLC purchased a new position in shares of iShares Morningstar Small-Cap Value ETF during the third quarter valued at approximately $3,850,000.

iShares Morningstar Small-Cap Value ETF Stock Down 2.9%

Shares of iShares Morningstar Small-Cap Value ETF stock opened at $78.15 on Friday. The company has a market cap of $687.72 million, a price-to-earnings ratio of 15.26 and a beta of 1.02. The company’s 50 day moving average is $77.48 and its 200 day moving average is $75.58. iShares Morningstar Small-Cap Value ETF has a twelve month low of $63.71 and a twelve month high of $82.03.

iShares Morningstar Small-Cap Value ETF Profile

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.