iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sets New 52-Week High at $49.71

iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)’s share price reached a new 52-week high on Thursday . The company traded as high as $49.71 and last traded at $48.94, with a volume of 56199 shares. The stock had previously closed at $48.18.

iShares Morningstar Small-Cap Growth ETF Trading Down 0.5 %

The firm has a 50-day simple moving average of $47.06 and a 200-day simple moving average of $45.83. The firm has a market cap of $594.01 million, a P/E ratio of 21.98 and a beta of 1.23.

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

A number of institutional investors have recently added to or reduced their stakes in ISCG. Creekside Partners purchased a new stake in iShares Morningstar Small-Cap Growth ETF during the second quarter valued at approximately $1,019,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Morningstar Small-Cap Growth ETF by 0.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 419,427 shares of the company’s stock worth $19,076,000 after purchasing an additional 2,296 shares in the last quarter. Certified Advisory Corp grew its stake in iShares Morningstar Small-Cap Growth ETF by 4.9% during the 2nd quarter. Certified Advisory Corp now owns 66,967 shares of the company’s stock worth $3,046,000 after buying an additional 3,155 shares during the last quarter. Black Diamond Financial LLC increased its position in iShares Morningstar Small-Cap Growth ETF by 19.9% during the 2nd quarter. Black Diamond Financial LLC now owns 101,735 shares of the company’s stock valued at $4,627,000 after buying an additional 16,905 shares in the last quarter. Finally, Beam Wealth Advisors Inc. raised its stake in iShares Morningstar Small-Cap Growth ETF by 6.9% in the second quarter. Beam Wealth Advisors Inc. now owns 28,306 shares of the company’s stock valued at $1,287,000 after buying an additional 1,818 shares during 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.