Systelligence LLC Invests $14.28 Million in iShares Morningstar Small-Cap Growth ETF $ISCG

Systelligence LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 260,499 shares of the company’s stock, valued at approximately $14,275,000. iShares Morningstar Small-Cap Growth ETF comprises approximately 2.8% of Systelligence LLC’s portfolio, making the stock its 15th largest position. Systelligence LLC owned about 1.68% of iShares Morningstar Small-Cap Growth ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in iShares Morningstar Small-Cap Growth ETF by 3.5% in the 4th quarter. JPMorgan Chase & Co. now owns 851,509 shares of the company’s stock valued at $47,225,000 after purchasing an additional 28,437 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 31.4% during the fourth quarter. LPL Financial LLC now owns 676,850 shares of the company’s stock worth $37,538,000 after purchasing an additional 161,609 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of iShares Morningstar Small-Cap Growth ETF by 810.2% in the fourth quarter. Osaic Holdings Inc. now owns 616,773 shares of the company’s stock valued at $34,209,000 after buying an additional 549,014 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Morningstar Small-Cap Growth ETF by 5.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519,552 shares of the company’s stock valued at $28,814,000 after buying an additional 28,968 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 1.8% in the fourth quarter. Cetera Investment Advisers now owns 404,010 shares of the company’s stock valued at $22,406,000 after buying an additional 7,047 shares during the last quarter.

iShares Morningstar Small-Cap Growth ETF Stock Up 0.5%

Shares of NYSEARCA ISCG opened at $64.33 on Friday. The firm’s 50-day simple moving average is $61.80 and its 200 day simple moving average is $58.87. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 26.03 and a beta of 1.13. iShares Morningstar Small-Cap Growth ETF has a 12-month low of $49.19 and a 12-month high of $64.61.

iShares Morningstar Small-Cap Growth ETF Profile

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.