iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Volume Increase

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) shares saw strong trading volume on Friday . 108,236 shares traded hands during trading, an increase of 116% from the previous session’s volume of 50,160 shares.The stock last traded at $42.52 and had previously closed at $42.78.

iShares Morningstar Small-Cap Growth ETF Trading Down 0.6 %

The company has a 50-day moving average of $45.16 and a 200-day moving average of $42.09. The company has a market capitalization of $510.24 million, a price-to-earnings ratio of 21.93 and a beta of 1.22.

Institutional Trading of iShares Morningstar Small-Cap Growth ETF

Several large investors have recently added to or reduced their stakes in the company. Archer Investment Corp boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 114.1% in the fourth quarter. Archer Investment Corp now owns 1,092 shares of the company’s stock worth $48,000 after buying an additional 582 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 1,187.0% in the second quarter. Captrust Financial Advisors now owns 1,776 shares of the company’s stock worth $63,000 after buying an additional 1,638 shares during the last quarter. Money Concepts Capital Corp purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter worth about $72,000. Advisory Services Network LLC purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter worth about $105,000. Finally, Harbour Investments Inc. boosted its position in iShares Morningstar Small-Cap Growth ETF by 34.6% during the first quarter. Harbour Investments Inc. now owns 2,395 shares of the company’s stock worth $93,000 after purchasing an additional 615 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.