iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) Sets New 12-Month High – Still a Buy?

iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) shares hit a new 52-week high during trading on Thursday . The company traded as high as $77.90 and last traded at $77.90, with a volume of 1101 shares traded. The stock had previously closed at $76.29.

iShares Morningstar Small-Cap Value ETF Price Performance

The stock has a market capitalization of $682.25 million, a price-to-earnings ratio of 13.52 and a beta of 0.99. The company has a 50-day simple moving average of $74.98 and a two-hundred day simple moving average of $72.43.

Institutional Investors Weigh In On iShares Morningstar Small-Cap Value ETF

Several large investors have recently made changes to their positions in the company. Creative Planning raised its holdings in shares of iShares Morningstar Small-Cap Value ETF by 20.5% during the second quarter. Creative Planning now owns 4,955 shares of the company’s stock valued at $304,000 after buying an additional 842 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Morningstar Small-Cap Value ETF by 9.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 62,117 shares of the company’s stock worth $3,813,000 after buying an additional 5,139 shares in the last quarter. Ameriprise Financial Inc. increased its position in iShares Morningstar Small-Cap Value ETF by 49.6% in the 2nd 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 during the period. Bank of America Corp DE increased its position in iShares Morningstar Small-Cap Value ETF by 9.4% in the 2nd 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 during the period. Finally, IHT Wealth Management LLC raised its stake in iShares Morningstar Small-Cap Value ETF by 2.1% during the 2nd quarter. IHT Wealth Management LLC now owns 27,555 shares of the company’s stock valued at $1,692,000 after acquiring an additional 579 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.