iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) Sees Unusually-High Trading Volume – Here’s Why

iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) saw unusually-strong trading volume on Tuesday . Approximately 1,646,813 shares changed hands during mid-day trading, an increase of 45% from the previous session’s volume of 1,138,586 shares.The stock last traded at $58.85 and had previously closed at $57.14.

iShares MSCI EAFE Small-Cap ETF Stock Performance

The company’s 50 day simple moving average is $63.72 and its 200-day simple moving average is $63.42. The firm has a market capitalization of $8.23 billion, a PE ratio of 12.31 and a beta of 0.96.

Institutional Investors Weigh In On iShares MSCI EAFE Small-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SCZ. Brooklyn FI LLC raised its holdings in iShares MSCI EAFE Small-Cap ETF by 6,463.2% in the fourth quarter. Brooklyn FI LLC now owns 4,863,727 shares of the company’s stock worth $309,121,000 after purchasing an additional 4,789,621 shares in the last quarter. FMR LLC raised its holdings in shares of iShares MSCI EAFE Small-Cap ETF by 20.6% during the 4th quarter. FMR LLC now owns 4,474,873 shares of the company’s stock worth $271,848,000 after acquiring an additional 765,645 shares in the last quarter. Bank of America Corp DE increased its stake in iShares MSCI EAFE Small-Cap ETF by 81.2% during the fourth quarter. Bank of America Corp DE now owns 3,347,926 shares of the company’s stock worth $203,387,000 after acquiring an additional 1,500,338 shares during the last quarter. Modera Wealth Management LLC raised its holdings in shares of iShares MSCI EAFE Small-Cap ETF by 6.6% in the fourth quarter. Modera Wealth Management LLC now owns 2,422,047 shares of the company’s stock worth $147,139,000 after buying an additional 151,009 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in iShares MSCI EAFE Small-Cap ETF by 1,121.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,308,857 shares of the company’s stock worth $88,610,000 after acquiring an additional 1,201,734 shares in the last quarter.

About iShares MSCI EAFE Small-Cap ETF

Santacruz Silver Mining Ltd. is a Canada-based company engaged in the operation, exploration and commercial exploitation of mining concessions in Mexico, with a primary focus on silver, but also, including gold, lead and zinc. The Company is focused on its producing property, the Rosario Mine. In addition, the Company is also exploring three other mineral properties, being the San Felipe Project, which is an advanced-stage project; the Gavilanes Project, which is an exploration project, and the El Gachi Property, which is an early-stage exploration project.