iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sees Unusually-High Trading Volume – Time to Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) shares saw strong trading volume on Tuesday . Approximately 42,002 shares changed hands during trading, an increase of 181% from the previous session’s volume of 14,961 shares.The stock last traded at $77.78 and had previously closed at $78.35.

iShares Morningstar Small-Cap Value ETF Stock Down 0.2%

The stock has a market capitalization of $680.25 million, a price-to-earnings ratio of 13.52 and a beta of 0.99. The stock has a fifty day moving average of $75.09 and a 200-day moving average of $72.53.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Exchange Traded Concepts LLC lifted its position in iShares Morningstar Small-Cap Value ETF by 12.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 908,467 shares of the company’s stock valued at $62,230,000 after acquiring an additional 101,072 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of iShares Morningstar Small-Cap Value ETF by 4.5% in the 3rd quarter. Focus Partners Wealth now owns 413,434 shares of the company’s stock valued at $27,524,000 after purchasing an additional 17,642 shares during the last quarter. VAUGHAN & Co SECURITIES INC. boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 3.6% in the 4th quarter. VAUGHAN & Co SECURITIES INC. now owns 300,980 shares of the company’s stock valued at $20,617,000 after purchasing an additional 10,322 shares during the period. Royal Bank of Canada grew its stake in iShares Morningstar Small-Cap Value ETF by 51.1% during the 1st quarter. Royal Bank of Canada now owns 234,525 shares of the company’s stock worth $16,302,000 after buying an additional 79,297 shares during the last quarter. Finally, LPL Financial LLC increased its position in iShares Morningstar Small-Cap Value ETF by 36.0% during the fourth quarter. LPL Financial LLC now owns 231,259 shares of the company’s stock worth $15,841,000 after buying an additional 61,259 shares during the period.

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.