iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sees Strong Trading Volume – Time to Buy?

Shares of iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) saw unusually-high trading volume on Friday . Approximately 36,656 shares changed hands during mid-day trading, an increase of 96% from the previous session’s volume of 18,664 shares.The stock last traded at $71.9040 and had previously closed at $71.29.

iShares Morningstar Small-Cap Value ETF Stock Up 0.6%

The company has a market capitalization of $609.37 million, a P/E ratio of 13.52 and a beta of 1.11. The business has a 50 day moving average of $68.18 and a 200 day moving average of $66.26.

Institutional Investors Weigh In On iShares Morningstar Small-Cap Value ETF

Several large investors have recently bought and sold shares of the business. Bank of Montreal Can bought a new position in iShares Morningstar Small-Cap Value ETF during the second quarter valued at $29,000. PNC Financial Services Group Inc. raised its position in shares of iShares Morningstar Small-Cap Value ETF by 67.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 870 shares of the company’s stock valued at $53,000 after buying an additional 351 shares in the last quarter. Chilton Capital Management LLC bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the 3rd quarter valued at about $122,000. Greykasell Wealth Strategies Inc. purchased a new position in iShares Morningstar Small-Cap Value ETF in the third quarter worth about $168,000. Finally, Smartleaf Asset Management LLC increased its stake in iShares Morningstar Small-Cap Value ETF by 8.3% during the second quarter. Smartleaf Asset Management LLC now owns 2,621 shares of the company’s stock worth $161,000 after acquiring an additional 201 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. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.