Phoenix Wealth Advisors Raises Stock Holdings in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

Phoenix Wealth Advisors raised its position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 20.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,236 shares of the company’s stock after buying an additional 6,024 shares during the quarter. Phoenix Wealth Advisors’ holdings in iShares Morningstar Small-Cap Growth ETF were worth $1,743,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ISCG. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 0.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 419,427 shares of the company’s stock valued at $19,076,000 after purchasing an additional 2,296 shares during the period. Creekside Partners acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the second quarter valued at approximately $1,019,000. CWM LLC increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 5.1% in the third quarter. CWM LLC now owns 165,809 shares of the company’s stock valued at $8,118,000 after purchasing an additional 7,978 shares during the period. Matrix Trust Co increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 15.4% in the third quarter. Matrix Trust Co now owns 166,476 shares of the company’s stock valued at $8,151,000 after purchasing an additional 22,161 shares during the period. Finally, Gilliland Jeter Wealth Management LLC increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 408.5% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 9,260 shares of the company’s stock valued at $453,000 after purchasing an additional 7,439 shares during the period.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of ISCG stock opened at $52.05 on Wednesday. The business’s fifty day moving average price is $51.43 and its 200 day moving average price is $49.23. iShares Morningstar Small-Cap Growth ETF has a 1-year low of $42.30 and a 1-year high of $54.34. The firm has a market capitalization of $632.41 million, a PE ratio of 21.98 and a beta of 1.23.

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.