JPMorgan Chase & Co. Decreases Stake in iShares Morningstar Small-Cap Growth ETF $ISCG

by · The Cerbat Gem

JPMorgan Chase & Co. lowered its holdings in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCGFree Report) by 13.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 823,072 shares of the company’s stock after selling 125,236 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of iShares Morningstar Small-Cap Growth ETF worth $44,700,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ISCG. Opes Wealth Management LLC grew its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 0.7% during the third quarter. Opes Wealth Management LLC now owns 128,013 shares of the company’s stock worth $6,952,000 after buying an additional 944 shares during the last quarter. Advisory Services Network LLC purchased a new position in iShares Morningstar Small-Cap Growth ETF in the third quarter worth $206,000. Opulen Financial Group LLC acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the third quarter valued at about $218,000. Kestra Private Wealth Services LLC purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 3rd quarter worth approximately $209,000. Finally, NewEdge Advisors LLC boosted its position in iShares Morningstar Small-Cap Growth ETF by 44.0% during the third quarter. NewEdge Advisors LLC now owns 22,435 shares of the company’s stock worth $1,218,000 after purchasing an additional 6,852 shares in the last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of ISCG opened at $54.20 on Friday. The firm has a 50 day simple moving average of $57.97 and a 200-day simple moving average of $56.13. iShares Morningstar Small-Cap Growth ETF has a 1-year low of $38.73 and a 1-year high of $60.19. The stock has a market cap of $826.55 million, a price-to-earnings ratio of 26.03 and a beta of 1.10.

About iShares Morningstar Small-Cap Growth ETF

(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. ISCG was launched on Jun 28, 2004 and is managed by BlackRock.

Further Reading

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