50,735 Shares in iShares Morningstar Small-Cap Growth ETF $ISCG Purchased by Steinberganna Wealth Management

Steinberganna Wealth Management bought a new stake in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 50,735 shares of the company’s stock, valued at approximately $2,755,000. iShares Morningstar Small-Cap Growth ETF makes up about 1.3% of Steinberganna Wealth Management’s investment portfolio, making the stock its 17th largest position. Steinberganna Wealth Management owned about 0.36% of iShares Morningstar Small-Cap Growth ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Madison Wealth Partners Inc raised its position in shares of iShares Morningstar Small-Cap Growth ETF by 3.2% in the second quarter. Madison Wealth Partners Inc now owns 7,368 shares of the company’s stock valued at $367,000 after buying an additional 231 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in iShares Morningstar Small-Cap Growth ETF by 13.9% during the second quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock worth $134,000 after acquiring an additional 331 shares during the last quarter. Raymond James Financial Inc. grew its stake in iShares Morningstar Small-Cap Growth ETF by 0.4% in the 2nd quarter. Raymond James Financial Inc. now owns 117,644 shares of the company’s stock worth $5,854,000 after acquiring an additional 430 shares during the period. Assetmark Inc. raised its holdings in iShares Morningstar Small-Cap Growth ETF by 121.4% in the 2nd quarter. Assetmark Inc. now owns 899 shares of the company’s stock valued at $45,000 after acquiring an additional 493 shares during the last quarter. Finally, Rodgers & Associates LTD raised its holdings in iShares Morningstar Small-Cap Growth ETF by 1.8% in the 2nd quarter. Rodgers & Associates LTD now owns 31,858 shares of the company’s stock valued at $1,585,000 after acquiring an additional 570 shares during the last quarter.

iShares Morningstar Small-Cap Growth ETF Stock Up 0.3%

ISCG stock opened at $57.96 on Friday. The stock has a market capitalization of $849.11 million, a price-to-earnings ratio of 26.03 and a beta of 1.10. iShares Morningstar Small-Cap Growth ETF has a 52-week low of $38.73 and a 52-week high of $58.13. The stock’s fifty day simple moving average is $55.52 and its 200-day simple moving average is $53.67.

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.