Independent Financial Group LLC Makes New Investment in iShares Morningstar Small-Cap Growth ETF $ISCG

Independent Financial Group LLC acquired a new stake in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCGFree Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 21,541 shares of the company’s stock, valued at approximately $1,180,000.

Other institutional investors have also recently modified their holdings of the company. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF in the first quarter worth $49,000. Arax Advisory Partners bought a new stake in iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth about $52,000. Laurel Wealth Advisors LLC acquired a new stake in iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth about $78,000. Smartleaf Asset Management LLC grew its stake in iShares Morningstar Small-Cap Growth ETF by 13.9% during the second quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock worth $134,000 after buying an additional 331 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new position in iShares Morningstar Small-Cap Growth ETF in the 4th quarter valued at about $142,000.

iShares Morningstar Small-Cap Growth ETF Trading Down 0.5%

Shares of NYSEARCA:ISCG opened at $62.76 on Tuesday. The firm has a 50 day moving average of $62.85 and a 200-day moving average of $59.73. The stock has a market capitalization of $966.50 million, a PE ratio of 26.03 and a beta of 1.12. iShares Morningstar Small-Cap Growth ETF has a 12 month low of $49.33 and a 12 month high of $65.97.

iShares Morningstar Small-Cap Growth ETF Profile

(Free Report)

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. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.

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Institutional Ownership by Quarter for iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

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