Gladstone Institutional Advisory LLC Sells 684 Shares of iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB)

Gladstone Institutional Advisory LLC decreased its holdings in shares of iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) by 1.7% in the fourth quarter, HoldingsChannel reports. The fund owned 38,856 shares of the company’s stock after selling 684 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in iShares Morningstar Small-Cap ETF were worth $2,279,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Key Financial Inc lifted its stake in iShares Morningstar Small-Cap ETF by 75.3% in the 3rd quarter. Key Financial Inc now owns 617 shares of the company’s stock worth $36,000 after purchasing an additional 265 shares in the last quarter. Strategic Financial Planning Inc. bought a new position in iShares Morningstar Small-Cap ETF during the 3rd quarter valued at about $210,000. Apexium Financial LP bought a new position in iShares Morningstar Small-Cap ETF during the 4th quarter valued at about $307,000. FMR LLC grew its holdings in iShares Morningstar Small-Cap ETF by 13.8% during the 3rd quarter. FMR LLC now owns 6,649 shares of the company’s stock valued at $390,000 after purchasing an additional 807 shares during the last quarter. Finally, Jim Saulnier & Associates LLC bought a new position in iShares Morningstar Small-Cap ETF in the 3rd quarter worth about $473,000.

iShares Morningstar Small-Cap ETF Price Performance

Shares of ISCB stock opened at $59.96 on Thursday. The company has a market capitalization of $239.84 million, a P/E ratio of 14.39 and a beta of 1.18. The company’s 50-day simple moving average is $60.40 and its two-hundred day simple moving average is $59.20. iShares Morningstar Small-Cap ETF has a one year low of $51.32 and a one year high of $64.66.

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.