LPL Financial LLC Boosts Position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

LPL Financial LLC boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 9.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388,941 shares of the company’s stock after buying an additional 34,191 shares during the quarter. LPL Financial LLC’s holdings in iShares Morningstar Small-Cap Growth ETF were worth $19,237,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ISCG. Millstone Evans Group LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter valued at $37,000. Synergy Investment Management LLC purchased a new position in iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at about $70,000. Harbour Investments Inc. raised its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 40.3% in the 4th quarter. Harbour Investments Inc. now owns 3,185 shares of the company’s stock valued at $158,000 after purchasing an additional 915 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Morningstar Small-Cap Growth ETF by 34.3% in the 4th quarter. Jones Financial Companies Lllp now owns 4,072 shares of the company’s stock worth $201,000 after purchasing an additional 1,040 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the third quarter valued at approximately $213,000.

iShares Morningstar Small-Cap Growth ETF Stock Down 0.2 %

Shares of NYSEARCA:ISCG opened at $45.05 on Tuesday. The firm has a 50 day moving average of $48.80 and a 200 day moving average of $49.89. The company has a market capitalization of $653.23 million, a price-to-earnings ratio of 23.52 and a beta of 1.13. iShares Morningstar Small-Cap Growth ETF has a 52 week low of $42.50 and a 52 week high of $54.34.

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.