iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sees Unusually-High Trading Volume – Still a Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) saw strong trading volume on Friday . 33,991 shares changed hands during trading, an increase of 130% from the previous session’s volume of 14,764 shares.The stock last traded at $69.10 and had previously closed at $68.87.

iShares Morningstar Small-Cap Value ETF Price Performance

The firm has a market capitalization of $583.10 million, a P/E ratio of 13.52 and a beta of 1.11. The company’s 50-day simple moving average is $72.28 and its two-hundred day simple moving average is $69.05.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC raised its holdings in iShares Morningstar Small-Cap Value ETF by 0.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 50,339 shares of the company’s stock worth $3,647,000 after purchasing an additional 200 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of iShares Morningstar Small-Cap Value ETF by 8.3% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,621 shares of the company’s stock valued at $161,000 after buying an additional 201 shares in the last quarter. GWN Securities Inc. boosted its holdings in shares of iShares Morningstar Small-Cap Value ETF by 4.2% in the 3rd quarter. GWN Securities Inc. now owns 5,249 shares of the company’s stock valued at $351,000 after buying an additional 211 shares in the last quarter. Ipsen Advisor Group LLC grew its position in shares of iShares Morningstar Small-Cap Value ETF by 0.4% in the 3rd quarter. Ipsen Advisor Group LLC now owns 56,254 shares of the company’s stock worth $3,749,000 after buying an additional 220 shares during the last quarter. Finally, Towerpoint Wealth LLC grew its position in shares of iShares Morningstar Small-Cap Value ETF by 4.2% in the 4th quarter. Towerpoint Wealth LLC now owns 5,884 shares of the company’s stock worth $403,000 after buying an additional 236 shares during the last quarter.

iShares Morningstar Small-Cap Value ETF Company Profile

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.