iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) Sees Large Volume Increase – Should You Buy?

Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) saw unusually-high trading volume on Tuesday . Approximately 71,037 shares changed hands during trading, an increase of 98% from the previous session’s volume of 35,885 shares.The stock last traded at $51.12 and had previously closed at $50.90.

iShares Morningstar Small-Cap Growth ETF Trading Up 1.2 %

The firm’s 50 day moving average is $51.46 and its two-hundred day moving average is $49.45. The firm has a market cap of $629.25 million, a P/E ratio of 21.98 and a beta of 1.23.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Prospera Financial Services Inc bought a new position in iShares Morningstar Small-Cap Growth ETF in the third quarter valued at approximately $211,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter valued at $213,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter valued at $213,000. Park Avenue Securities LLC acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter valued at $235,000. Finally, Jim Saulnier & Associates LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter valued at about $253,000.

iShares Morningstar Small-Cap Growth ETF Company Profile

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.