iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Volume Increase – What’s Next?

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw unusually-strong trading volume on Wednesday . Approximately 82,560 shares were traded during trading, an increase of 136% from the previous session’s volume of 34,967 shares.The stock last traded at $49.76 and had previously closed at $49.97.

iShares Morningstar Small-Cap Growth ETF Stock Down 1.8 %

The company’s fifty day moving average price is $51.61 and its 200 day moving average price is $48.92. The company has a market capitalization of $595.11 million, a P/E ratio of 21.98 and a beta of 1.23.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Several large investors have recently made changes to their positions in the company. TD Private Client Wealth LLC lifted its position in shares of iShares Morningstar Small-Cap Growth ETF by 2.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 14,600 shares of the company’s stock worth $715,000 after buying an additional 309 shares during the last quarter. Key Financial Inc grew its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 4.3% during the 3rd quarter. Key Financial Inc now owns 13,403 shares of the company’s stock valued at $656,000 after purchasing an additional 549 shares during the last quarter. Opes Wealth Management LLC increased its position in iShares Morningstar Small-Cap Growth ETF by 0.8% during the 3rd quarter. Opes Wealth Management LLC now owns 104,440 shares of the company’s stock worth $5,113,000 after purchasing an additional 833 shares in the last quarter. Beam Wealth Advisors Inc. lifted its stake in iShares Morningstar Small-Cap Growth ETF by 3.1% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 29,194 shares of the company’s stock valued at $1,429,000 after purchasing an additional 888 shares during the last quarter. Finally, CreativeOne Wealth LLC boosted its position in iShares Morningstar Small-Cap Growth ETF by 7.5% in the third quarter. CreativeOne Wealth LLC now owns 13,142 shares of the company’s stock valued at $643,000 after buying an additional 915 shares in the last quarter.

About iShares Morningstar Small-Cap Growth ETF

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.