iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Volume Increase – Time to Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw an uptick in trading volume on Friday . 201,048 shares changed hands during trading, an increase of 234% from the previous session’s volume of 60,226 shares.The stock last traded at $55.25 and had previously closed at $55.07.

iShares Morningstar Small-Cap Growth ETF Trading Down 0.2%

The stock has a market capitalization of $838.14 million, a P/E ratio of 26.03 and a beta of 1.10. The company has a 50-day moving average price of $58.23 and a two-hundred day moving average price of $56.08.

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

A number of institutional investors and hedge funds have recently bought and sold shares of ISCG. Twin Peaks Wealth Advisors LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF during the second quarter valued at approximately $39,000. Mather Group LLC. bought a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 3rd quarter worth $46,000. Arax Advisory Partners purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at $52,000. Glassy Mountain Advisors Inc. purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 3rd quarter valued at $68,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 4th 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.