iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sees Strong Trading Volume – Should You Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) saw unusually-strong trading volume on Wednesday . Approximately 36,185 shares traded hands during mid-day trading, an increase of 110% from the previous session’s volume of 17,265 shares.The stock last traded at $69.84 and had previously closed at $69.51.

iShares Morningstar Small-Cap Value ETF Stock Performance

The stock has a market cap of $595.68 million, a PE ratio of 13.52 and a beta of 1.11. The business has a 50 day moving average price of $71.61 and a two-hundred day moving average price of $69.21.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ISCV. PNC Financial Services Group Inc. grew its stake in iShares Morningstar Small-Cap Value ETF by 67.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 870 shares of the company’s stock valued at $53,000 after purchasing an additional 351 shares during the period. Creative Planning boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 20.5% in the second quarter. Creative Planning now owns 4,955 shares of the company’s stock valued at $304,000 after acquiring an additional 842 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 9.0% in the second quarter. JPMorgan Chase & Co. now owns 62,117 shares of the company’s stock valued at $3,813,000 after acquiring an additional 5,139 shares during the period. Ameriprise Financial Inc. grew its stake in iShares Morningstar Small-Cap Value ETF by 49.6% during the second quarter. Ameriprise Financial Inc. now owns 50,332 shares of the company’s stock valued at $3,227,000 after acquiring an additional 16,680 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in iShares Morningstar Small-Cap Value ETF by 9.4% during the second quarter. Bank of America Corp DE now owns 162,873 shares of the company’s stock valued at $9,999,000 after acquiring an additional 13,955 shares in the last quarter.

iShares Morningstar Small-Cap Value ETF Company Profile

The iShares Morningstar Small-Cap Value ETF (ISCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap value stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s value style categorization. ISCV was launched on Jun 28, 2004 and is managed by BlackRock.