Granville Capital Inc. Makes New $9.82 Million Investment in iShares Morningstar Small-Cap Value ETF $ISCV

Granville Capital Inc. purchased a new stake in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) during the third quarter, Holdings Channel.com reports. The firm purchased 131,256 shares of the company’s stock, valued at approximately $9,819,000. iShares Morningstar Small-Cap Value ETF comprises 3.9% of Granville Capital Inc.’s portfolio, making the stock its 8th biggest position.

Several other large investors have also recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in shares of 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 purchasing an additional 79,297 shares during the last quarter. Matrix Trust Co boosted its position in iShares Morningstar Small-Cap Value ETF by 0.8% during the second quarter. Matrix Trust Co now owns 189,142 shares of the company’s stock valued at $14,813,000 after purchasing an additional 1,539 shares in the last quarter. Steele Capital Management Inc. bought a new stake in iShares Morningstar Small-Cap Value ETF during the third quarter valued at about $14,179,000. Bank of America Corp DE boosted its position in iShares Morningstar Small-Cap Value ETF by 17.1% during the first quarter. Bank of America Corp DE now owns 201,871 shares of the company’s stock valued at $14,032,000 after purchasing an additional 29,497 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares Morningstar Small-Cap Value ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 102,633 shares of the company’s stock valued at $7,134,000 after purchasing an additional 3,352 shares during the last quarter.

iShares Morningstar Small-Cap Value ETF Price Performance

ISCV opened at $79.79 on Thursday. The firm has a market capitalization of $702.15 million, a PE ratio of 15.26 and a beta of 1.02. The business’s 50-day moving average is $77.42 and its two-hundred day moving average is $75.71. iShares Morningstar Small-Cap Value ETF has a 1 year low of $63.71 and a 1 year high of $82.03.

iShares Morningstar Small-Cap Value ETF 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.