Raymond James Financial Inc. Buys Shares of 149,196 iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)

Raymond James Financial Inc. acquired a new position in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 149,196 shares of the company’s stock, valued at approximately $9,461,000. Raymond James Financial Inc. owned 2.15% of iShares Morningstar Small-Cap Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in ISCV. Abel Hall LLC bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the fourth quarter worth about $210,000. Unified Investment Management bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the fourth quarter worth about $257,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of iShares Morningstar Small-Cap Value ETF in the fourth quarter worth about $272,000. Jones Financial Companies Lllp increased its stake in shares of iShares Morningstar Small-Cap Value ETF by 150.6% in the fourth quarter. Jones Financial Companies Lllp now owns 4,901 shares of the company’s stock worth $311,000 after purchasing an additional 2,945 shares during the period. Finally, MONECO Advisors LLC increased its stake in shares of iShares Morningstar Small-Cap Value ETF by 7.3% in the fourth quarter. MONECO Advisors LLC now owns 6,599 shares of the company’s stock worth $418,000 after purchasing an additional 450 shares during the period.

iShares Morningstar Small-Cap Value ETF Stock Performance

iShares Morningstar Small-Cap Value ETF stock opened at $59.76 on Friday. The business’s 50-day simple moving average is $63.28 and its 200-day simple moving average is $64.00. The firm has a market capitalization of $421.31 million, a PE ratio of 14.17 and a beta of 1.27. iShares Morningstar Small-Cap Value ETF has a 52 week low of $55.96 and a 52 week high of $70.13.

About iShares Morningstar Small-Cap Value ETF

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.