iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Unusually-High Trading Volume – Still a Buy?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw unusually-strong trading volume on Friday . Approximately 180,291 shares traded hands during trading, an increase of 194% from the previous session’s volume of 61,329 shares.The stock last traded at $59.52 and had previously closed at $59.39.

iShares Morningstar Small-Cap Growth ETF Price Performance

The firm has a market cap of $881.81 million, a PE ratio of 26.03 and a beta of 1.10. The stock has a 50-day moving average price of $55.93 and a 200 day moving average price of $54.00.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the second quarter valued at about $39,000. Assetmark Inc. raised its stake in shares of iShares Morningstar Small-Cap Growth ETF by 121.4% during the second quarter. Assetmark Inc. now owns 899 shares of the company’s stock valued at $45,000 after purchasing an additional 493 shares during the period. Mather Group LLC. acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF during the third quarter worth $46,000. Glassy Mountain Advisors Inc. purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter valued at $68,000. Finally, Chilton Capital Management LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter valued at $90,000.

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.