Independent Financial Group LLC Takes Position in iShares Morningstar Small-Cap Growth ETF $ISCG

Independent Financial Group LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,541 shares of the company’s stock, valued at approximately $1,180,000. Independent Financial Group LLC owned about 0.14% of iShares Morningstar Small-Cap Growth ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ISCG. Jane Street Group LLC increased its position in iShares Morningstar Small-Cap Growth ETF by 249.2% in the first quarter. Jane Street Group LLC now owns 38,309 shares of the company’s stock worth $1,726,000 after purchasing an additional 27,337 shares during the period. Raymond James Financial Inc. lifted its position in iShares Morningstar Small-Cap Growth ETF by 0.4% during the 2nd quarter. Raymond James Financial Inc. now owns 117,644 shares of the company’s stock valued at $5,854,000 after purchasing an additional 430 shares during the period. Monograph Wealth Advisors LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 2nd quarter valued at about $205,000. Smartleaf Asset Management LLC boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 13.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock valued at $134,000 after purchasing an additional 331 shares during the last quarter. Finally, Visionary Wealth Advisors boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 82.1% in the 2nd quarter. Visionary Wealth Advisors now owns 9,877 shares of the company’s stock valued at $491,000 after purchasing an additional 4,453 shares during the last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

ISCG opened at $62.76 on Tuesday. The company has a market cap of $966.50 million, a price-to-earnings ratio of 26.03 and a beta of 1.12. The firm has a 50 day simple moving average of $62.85 and a 200 day simple moving average of $59.73. iShares Morningstar Small-Cap Growth ETF has a fifty-two week low of $49.33 and a fifty-two week high of $65.97.

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.