iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw unusually-high trading volume on Friday . Approximately 545,455 shares were traded during mid-day trading, an increase of 1,333% from the previous session’s volume of 38,055 shares.The stock last traded at $46.52 and had previously closed at $46.31.

iShares Morningstar Small-Cap Growth ETF Stock Performance

The firm’s 50-day moving average is $50.19 and its 200 day moving average is $50.01. The firm has a market capitalization of $611.87 million, a P/E ratio of 24.71 and a beta of 1.10.

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

Institutional investors have recently bought and sold shares of the company. TD Private Client Wealth LLC grew its stake in iShares Morningstar Small-Cap Growth ETF by 2.2% in the third quarter. TD Private Client Wealth LLC now owns 14,600 shares of the company’s stock valued at $715,000 after purchasing an additional 309 shares in the last quarter. Mariner LLC raised its stake in shares of iShares Morningstar Small-Cap Growth ETF by 0.5% during the 4th quarter. Mariner LLC now owns 60,289 shares of the company’s stock worth $2,982,000 after purchasing an additional 310 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 0.8% in the fourth quarter. HighTower Advisors LLC now owns 44,442 shares of the company’s stock valued at $2,198,000 after buying an additional 335 shares in the last quarter. Captrust Financial Advisors increased its holdings in iShares Morningstar Small-Cap Growth ETF by 6.3% during the fourth quarter. Captrust Financial Advisors now owns 5,649 shares of the company’s stock worth $279,000 after buying an additional 335 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in iShares Morningstar Small-Cap Growth ETF by 2.5% during the fourth quarter. Private Advisor Group LLC now owns 21,653 shares of the company’s stock worth $1,071,000 after acquiring an additional 532 shares in the last quarter.

About iShares Morningstar Small-Cap Growth ETF

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.