Wealth Enhancement Advisory Services LLC Makes New $213,000 Investment in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

Wealth Enhancement Advisory Services LLC acquired a new stake in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,359 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Archer Investment Corp increased its position in iShares Morningstar Small-Cap Growth ETF by 38.8% during the second quarter. Archer Investment Corp now owns 1,516 shares of the company’s stock worth $69,000 after buying an additional 424 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 6.1% during the 2nd quarter. Private Advisor Group LLC now owns 19,755 shares of the company’s stock worth $898,000 after acquiring an additional 1,130 shares during the last quarter. Beam Wealth Advisors Inc. raised its stake in iShares Morningstar Small-Cap Growth ETF by 6.9% in the 2nd quarter. Beam Wealth Advisors Inc. now owns 28,306 shares of the company’s stock valued at $1,287,000 after acquiring an additional 1,818 shares during the period. Gilliland Jeter Wealth Management LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF in the 2nd quarter valued at $83,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Morningstar Small-Cap Growth ETF by 0.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 419,427 shares of the company’s stock valued at $19,076,000 after purchasing an additional 2,296 shares during the last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

NYSEARCA:ISCG opened at $52.72 on Wednesday. The company has a market cap of $640.55 million, a P/E ratio of 21.98 and a beta of 1.23. The firm’s fifty day moving average price is $48.87 and its two-hundred day moving average price is $46.99. iShares Morningstar Small-Cap Growth ETF has a one year low of $36.93 and a one year high of $53.61.

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.