iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Hits New 1-Year High – Should You Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)’s share price hit a new 52-week high on Monday . The company traded as high as $77.79 and last traded at $77.79, with a volume of 231 shares traded. The stock had previously closed at $76.52.

iShares Morningstar Small-Cap Value ETF Stock Down 0.0%

The firm has a market capitalization of $672.08 million, a P/E ratio of 13.52 and a beta of 0.99. The business’s 50 day moving average is $73.94 and its 200-day moving average is $71.88.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ISCV. Flagship Harbor Advisors LLC bought a new position in iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at approximately $29,000. Bessemer Group Inc. bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the 1st quarter valued at $48,000. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Small-Cap Value ETF during the 4th quarter valued at $58,000. Rockefeller Capital Management L.P. boosted its holdings in shares of iShares Morningstar Small-Cap Value ETF by 16.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,073 shares of the company’s stock valued at $74,000 after acquiring an additional 150 shares in the last quarter. Finally, Basepoint Wealth LLC bought a new stake in iShares Morningstar Small-Cap Value ETF during the 4th quarter worth $121,000.

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. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.