Towerpoint Wealth LLC Makes New Investment in iShares Morningstar Small-Cap Growth ETF $ISCG

by · The Cerbat Gem

Towerpoint Wealth LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,374 shares of the company’s stock, valued at approximately $218,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Focus Partners Wealth boosted its position in iShares Morningstar Small-Cap Growth ETF by 303.0% during the first quarter. Focus Partners Wealth now owns 1,823,354 shares of the company’s stock worth $82,142,000 after purchasing an additional 1,370,872 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 6.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 465,332 shares of the company’s stock worth $20,963,000 after buying an additional 26,463 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 6.4% during the fourth quarter. Bank of America Corp DE now owns 412,775 shares of the company’s stock worth $20,416,000 after buying an additional 24,986 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 1.1% during the first quarter. Avantax Advisory Services Inc. now owns 398,979 shares of the company’s stock worth $17,974,000 after buying an additional 4,461 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 2.0% during the first quarter. LPL Financial LLC now owns 396,814 shares of the company’s stock worth $17,876,000 after buying an additional 7,873 shares during the last quarter.

iShares Morningstar Small-Cap Growth ETF Stock Down 0.1%

Shares of ISCG stock opened at $54.03 on Wednesday. iShares Morningstar Small-Cap Growth ETF has a 12 month low of $38.73 and a 12 month high of $54.38. The firm has a market cap of $740.21 million, a PE ratio of 26.03 and a beta of 1.09. The stock has a 50 day moving average of $51.88 and a 200-day moving average of $48.23.

iShares Morningstar Small-Cap Growth ETF Company Profile

(Free Report)

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.

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