Royal Bank of Canada Boosts Stock Holdings in iShares Morningstar Small-Cap Growth ETF $ISCG

Royal Bank of Canada raised its stake in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 61.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,860 shares of the company’s stock after purchasing an additional 24,771 shares during the quarter. Royal Bank of Canada owned about 0.41% of iShares Morningstar Small-Cap Growth ETF worth $3,554,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ISCG. Jacksonville Wealth Management LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 4th quarter worth $834,000. Farther Finance Advisors LLC boosted its holdings in iShares Morningstar Small-Cap Growth ETF by 368.3% in the fourth quarter. Farther Finance Advisors LLC now owns 28,379 shares of the company’s stock valued at $1,574,000 after acquiring an additional 22,319 shares during the last quarter. Systelligence LLC purchased a new stake in iShares Morningstar Small-Cap Growth ETF during the first quarter valued at about $14,275,000. Beam Wealth Advisors Inc. grew its position in iShares Morningstar Small-Cap Growth ETF by 34.0% during the first quarter. Beam Wealth Advisors Inc. now owns 104,264 shares of the company’s stock valued at $5,714,000 after acquiring an additional 26,452 shares during the period. Finally, Cetera Investment Advisers increased its stake in iShares Morningstar Small-Cap Growth ETF by 2.1% during the first 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 last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of NYSEARCA:ISCG opened at $66.36 on Friday. The business has a 50-day moving average of $63.74 and a two-hundred day moving average of $60.49. The firm has a market capitalization of $1.03 billion, a PE ratio of 26.03 and a beta of 1.12. iShares Morningstar Small-Cap Growth ETF has a 12 month low of $50.75 and a 12 month high of $66.50.

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.