iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Hits New 1-Year High – Here’s What Happened

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $69.97 and last traded at $70.2450, with a volume of 6881 shares traded. The stock had previously closed at $68.68.

iShares Morningstar Small-Cap Value ETF Price Performance

The firm has a market cap of $575.23 million, a P/E ratio of 13.52 and a beta of 1.11. The company has a fifty day moving average of $66.79 and a 200-day moving average of $64.74.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Bank of Montreal Can bought a new stake in iShares Morningstar Small-Cap Value ETF in the 2nd quarter worth about $29,000. Wealth Preservation Advisors LLC purchased a new position in shares of iShares Morningstar Small-Cap Value ETF in the 1st quarter worth approximately $28,000. PNC Financial Services Group Inc. bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the first quarter valued at approximately $31,000. Chilton Capital Management LLC purchased a new stake in shares of iShares Morningstar Small-Cap Value ETF during the third quarter valued at approximately $122,000. Finally, Smartleaf Asset Management LLC increased its position in shares of iShares Morningstar Small-Cap Value ETF by 27.7% during the first quarter. Smartleaf Asset Management LLC now owns 2,420 shares of the company’s stock valued at $143,000 after acquiring an additional 525 shares during the last quarter.

About iShares Morningstar Small-Cap Value ETF

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.