iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Trading Up 0.4% – Still a Buy?

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB)’s stock price were up 0.4% during mid-day trading on Monday . The stock traded as high as $66.07 and last traded at $66.04. Approximately 3,707 shares changed hands during trading, a decline of 37% from the average daily volume of 5,861 shares. The stock had previously closed at $65.79.

iShares Morningstar Small-Cap ETF Stock Up 0.4%

The stock has a market cap of $250.95 million, a PE ratio of 37.95 and a beta of 1.12. The firm has a 50-day simple moving average of $67.25 and a 200-day simple moving average of $65.81.

Institutional Investors Weigh In On iShares Morningstar Small-Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in ISCB. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Morningstar Small-Cap ETF by 7,167.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,284,835 shares of the company’s stock worth $83,527,000 after buying an additional 1,267,155 shares in the last quarter. Citadel Advisors LLC increased its stake in iShares Morningstar Small-Cap ETF by 192.8% in the third quarter. Citadel Advisors LLC now owns 31,476 shares of the company’s stock valued at $1,996,000 after acquiring an additional 20,726 shares during the last quarter. Jane Street Group LLC bought a new position in iShares Morningstar Small-Cap ETF in the first quarter valued at $613,000. LPL Financial LLC increased its stake in iShares Morningstar Small-Cap ETF by 5.1% in the fourth quarter. LPL Financial LLC now owns 178,349 shares of the company’s stock valued at $11,595,000 after acquiring an additional 8,631 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in iShares Morningstar Small-Cap ETF by 13.6% in the second quarter. Bank of America Corp DE now owns 65,600 shares of the company’s stock valued at $3,823,000 after acquiring an additional 7,839 shares during the last quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

About iShares Morningstar Small-Cap ETF

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.