iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Strong Trading Volume – What’s Next?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw an uptick in trading volume on Wednesday . 273,293 shares were traded during trading, an increase of 408% from the previous session’s volume of 53,832 shares.The stock last traded at $59.0760 and had previously closed at $58.85.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The firm has a market cap of $900.97 million, a price-to-earnings ratio of 26.03 and a beta of 1.10. The business has a fifty day simple moving average of $57.95 and a 200-day simple moving average of $55.61.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF during the 2nd quarter worth approximately $39,000. Assetmark Inc. raised its stake in shares of iShares Morningstar Small-Cap Growth ETF by 121.4% during the second quarter. Assetmark Inc. now owns 899 shares of the company’s stock valued at $45,000 after acquiring an additional 493 shares during the last quarter. Mather Group LLC. acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF during the third quarter worth $46,000. Arax Advisory Partners bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter worth $52,000. Finally, Glassy Mountain Advisors Inc. bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter worth $68,000.

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.