iShares Morningstar Small-Cap Growth ETF $ISCG Stock Position Lifted by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. increased its position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 95.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,540 shares of the company’s stock after acquiring an additional 13,962 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in iShares Morningstar Small-Cap Growth ETF were worth $1,746,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ISCG. Cetera Investment Advisers raised its stake in iShares Morningstar Small-Cap Growth ETF by 2.1% during the 1st quarter. Cetera Investment Advisers now owns 412,639 shares of the company’s stock worth $22,613,000 after acquiring an additional 8,629 shares during the period. Bank of America Corp DE boosted its position in shares of iShares Morningstar Small-Cap Growth ETF by 4.3% in the first quarter. Bank of America Corp DE now owns 269,357 shares of the company’s stock worth $14,761,000 after purchasing an additional 11,159 shares during the period. Systelligence LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF in the first quarter worth approximately $14,275,000. Matrix Trust Co increased its stake in shares of iShares Morningstar Small-Cap Growth ETF by 0.9% in the second quarter. Matrix Trust Co now owns 180,159 shares of the company’s stock worth $11,808,000 after purchasing an additional 1,656 shares in the last quarter. Finally, MRA Advisory Group increased its stake in shares of iShares Morningstar Small-Cap Growth ETF by 1.0% in the second quarter. MRA Advisory Group now owns 110,815 shares of the company’s stock worth $7,263,000 after purchasing an additional 1,063 shares in the last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of ISCG stock traded down $1.01 on Wednesday, hitting $61.51. 18,801 shares of the stock traded hands, compared to its average volume of 37,954. The firm has a market cap of $959.56 million, a price-to-earnings ratio of 26.03 and a beta of 1.14. iShares Morningstar Small-Cap Growth ETF has a 52 week low of $51.65 and a 52 week high of $66.50. The firm has a 50 day simple moving average of $63.45 and a two-hundred day simple moving average of $61.87.

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