Jim Saulnier & Associates LLC Invests $513,000 in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)

Jim Saulnier & Associates LLC purchased a new position in shares of iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,074 shares of the company’s stock, valued at approximately $513,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ashton Thomas Securities LLC boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 43.1% during the third quarter. Ashton Thomas Securities LLC now owns 3,650 shares of the company’s stock worth $232,000 after buying an additional 1,100 shares during the period. Key Financial Inc boosted its position in shares of iShares Morningstar Small-Cap Value ETF by 5.2% during the third quarter. Key Financial Inc now owns 6,826 shares of the company’s stock worth $433,000 after buying an additional 335 shares during the period. Sage Financial Group Inc. purchased a new position in shares of iShares Morningstar Small-Cap Value ETF during the third quarter worth $217,000. Farther Finance Advisors LLC acquired a new stake in shares of iShares Morningstar Small-Cap Value ETF in the third quarter valued at $91,000. Finally, Barrett & Company Inc. raised its stake in shares of iShares Morningstar Small-Cap Value ETF by 5.9% in the third quarter. Barrett & Company Inc. now owns 3,276 shares of the company’s stock valued at $208,000 after acquiring an additional 183 shares in the last quarter.

iShares Morningstar Small-Cap Value ETF Trading Up 1.7 %

Shares of NYSEARCA ISCV opened at $68.21 on Friday. The stock has a market cap of $474.07 million, a P/E ratio of 11.10 and a beta of 1.14. iShares Morningstar Small-Cap Value ETF has a 12-month low of $52.44 and a 12-month high of $68.43. The business’s fifty day simple moving average is $64.19 and its 200-day simple moving average is $61.43.

iShares Morningstar Small-Cap Value ETF 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.