iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sets New 52-Week High – Time to Buy?

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) hit a new 52-week high on Wednesday . The stock traded as high as $66.00 and last traded at $65.77, with a volume of 2512 shares. The stock had previously closed at $65.45.

iShares Morningstar Small-Cap Growth ETF Trading Up 0.5%

The company’s 50-day moving average price is $63.63 and its two-hundred day moving average price is $60.45. The company has a market cap of $1.03 billion, a P/E ratio of 26.03 and a beta of 1.12.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ISCG. Trust Co. of Vermont acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 2nd quarter worth approximately $201,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF during the first quarter valued at $49,000. Arax Advisory Partners acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth $52,000. Western Wealth Management LLC acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the first quarter worth $76,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth $78,000.

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.