iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) is Ipsen Advisor Group LLC’s 6th Largest Position

Ipsen Advisor Group LLC grew its position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 108,898 shares of the company’s stock after acquiring an additional 1,874 shares during the quarter. iShares Morningstar Small-Cap Growth ETF comprises 4.2% of Ipsen Advisor Group LLC’s holdings, making the stock its 6th largest position. Ipsen Advisor Group LLC owned 0.76% of iShares Morningstar Small-Cap Growth ETF worth $4,906,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in iShares Morningstar Small-Cap Growth ETF by 70,128.6% in the 1st quarter. Farther Finance Advisors LLC now owns 4,916 shares of the company’s stock valued at $222,000 after purchasing an additional 4,909 shares during the last quarter. Focus Partners Wealth raised its position in shares of iShares Morningstar Small-Cap Growth ETF by 1.8% in the fourth quarter. Focus Partners Wealth now owns 452,482 shares of the company’s stock valued at $22,380,000 after buying an additional 7,813 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 11.0% in the fourth quarter. Cetera Investment Advisers now owns 31,145 shares of the company’s stock worth $1,540,000 after buying an additional 3,079 shares in the last quarter. Captrust Financial Advisors boosted its position in iShares Morningstar Small-Cap Growth ETF by 6.3% during the fourth quarter. Captrust Financial Advisors now owns 5,649 shares of the company’s stock worth $279,000 after acquiring an additional 335 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in iShares Morningstar Small-Cap Growth ETF by 6.4% during the 4th quarter. Bank of America Corp DE now owns 412,775 shares of the company’s stock valued at $20,416,000 after acquiring an additional 24,986 shares in the last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

ISCG opened at $48.93 on Tuesday. The firm has a market capitalization of $672.79 million, a price-to-earnings ratio of 23.64 and a beta of 1.10. The company’s 50 day simple moving average is $45.22 and its two-hundred day simple moving average is $48.24. iShares Morningstar Small-Cap Growth ETF has a 1-year low of $38.73 and a 1-year high of $54.34.

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.