Opes Wealth Management LLC Grows Position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

Opes Wealth Management LLC increased its position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 1.0% in the fourth quarter, HoldingsChannel reports. The firm owned 107,454 shares of the company’s stock after purchasing an additional 1,028 shares during the quarter. iShares Morningstar Small-Cap Growth ETF accounts for approximately 1.1% of Opes Wealth Management LLC’s holdings, making the stock its 28th biggest holding. Opes Wealth Management LLC’s holdings in iShares Morningstar Small-Cap Growth ETF were worth $4,728,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Archer Investment Corp lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 114.1% in the 4th quarter. Archer Investment Corp now owns 1,092 shares of the company’s stock valued at $48,000 after purchasing an additional 582 shares during the period. Beam Wealth Advisors Inc. increased its position in iShares Morningstar Small-Cap Growth ETF by 8.1% during the 4th quarter. Beam Wealth Advisors Inc. now owns 26,428 shares of the company’s stock valued at $1,163,000 after buying an additional 1,971 shares in the last quarter. Phoenix Wealth Advisors increased its position in iShares Morningstar Small-Cap Growth ETF by 60.4% during the 4th quarter. Phoenix Wealth Advisors now owns 15,707 shares of the company’s stock valued at $682,000 after buying an additional 5,913 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at approximately $190,000. Finally, Tempus Wealth Planning LLC bought a new position in iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at approximately $1,449,000.

iShares Morningstar Small-Cap Growth ETF Price Performance

ISCG stock traded down $0.17 on Thursday, reaching $42.84. 36,958 shares of the company traded hands, compared to its average volume of 49,421. iShares Morningstar Small-Cap Growth ETF has a one year low of $35.33 and a one year high of $46.91. The company has a market cap of $514.08 million, a P/E ratio of 21.93 and a beta of 1.22. The firm has a fifty day simple moving average of $45.16 and a 200-day simple moving average of $42.09.

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.