Short Interest in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Decreases By 35.7%

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 34,618 shares, a decrease of 35.7% from the November 30th total of 53,814 shares. Based on an average trading volume of 33,002 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 33,002 shares, the days-to-cover ratio is presently 1.0 days.

iShares Morningstar Small-Cap Growth ETF Stock Performance

iShares Morningstar Small-Cap Growth ETF stock traded down $0.38 during midday trading on Tuesday, hitting $56.14. 19,149 shares of the company’s stock were exchanged, compared to its average volume of 56,078. The company has a market cap of $785.96 million, a PE ratio of 26.03 and a beta of 1.10. The firm has a 50-day moving average of $55.34 and a two-hundred day moving average of $53.31. iShares Morningstar Small-Cap Growth ETF has a 12 month low of $38.73 and a 12 month high of $57.84.

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

Several institutional investors have recently bought and sold shares of the business. Prospera Financial Services Inc raised its stake in iShares Morningstar Small-Cap Growth ETF by 5.3% in the third quarter. Prospera Financial Services Inc now owns 4,545 shares of the company’s stock worth $247,000 after buying an additional 227 shares in the last quarter. Madison Wealth Partners Inc increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 3.2% in the 2nd quarter. Madison Wealth Partners Inc now owns 7,368 shares of the company’s stock valued at $367,000 after acquiring an additional 231 shares during the period. GWN Securities Inc. raised its position in shares of iShares Morningstar Small-Cap Growth ETF by 3.0% in the 3rd quarter. GWN Securities Inc. now owns 7,850 shares of the company’s stock worth $427,000 after acquiring an additional 232 shares in the last quarter. Jim Saulnier & Associates LLC lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 5.4% during the 3rd quarter. Jim Saulnier & Associates LLC now owns 4,754 shares of the company’s stock worth $258,000 after purchasing an additional 245 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in iShares Morningstar Small-Cap Growth ETF by 13.9% during the second quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock valued at $134,000 after purchasing an additional 331 shares in the last quarter.

About iShares Morningstar Small-Cap Growth ETF

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.