iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) Trading 0.9% Higher – Still a Buy?

iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) were up 0.9% on Tuesday . The company traded as high as $74.63 and last traded at $74.63. Approximately 2,945 shares were traded during trading, a decline of 37% from the average daily volume of 4,678 shares. The stock had previously closed at $73.97.

iShares Morningstar Small-Cap ETF Trading Up 0.9%

The company has a market capitalization of $283.59 million, a price-to-earnings ratio of 42.89 and a beta of 1.05. The stock has a 50-day simple moving average of $73.05 and a 200-day simple moving average of $69.86.

Institutional Investors Weigh In On iShares Morningstar Small-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NBC Securities Inc. boosted its position in iShares Morningstar Small-Cap ETF by 7.2% during the 4th quarter. NBC Securities Inc. now owns 2,325 shares of the company’s stock valued at $151,000 after purchasing an additional 156 shares during the period. Ameriprise Financial Inc. increased its position in iShares Morningstar Small-Cap ETF by 0.9% in the third quarter. Ameriprise Financial Inc. now owns 22,619 shares of the company’s stock worth $1,433,000 after buying an additional 194 shares during the period. Comerica Bank lifted its stake in iShares Morningstar Small-Cap ETF by 30.3% in the first quarter. Comerica Bank now owns 929 shares of the company’s stock valued at $50,000 after buying an additional 216 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares Morningstar Small-Cap ETF by 0.4% during the fourth quarter. Wells Fargo & Company MN now owns 71,397 shares of the company’s stock valued at $4,642,000 after acquiring an additional 251 shares during the period. Finally, Mariner LLC boosted its holdings in shares of iShares Morningstar Small-Cap ETF by 4.0% during the third quarter. Mariner LLC now owns 6,477 shares of the company’s stock valued at $411,000 after acquiring an additional 252 shares during the period. Institutional investors own 0.01% of the company’s stock.

About iShares Morningstar Small-Cap ETF

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.