Raymond James Financial Inc. Acquires New Stake in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

Raymond James Financial Inc. bought a new position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 115,954 shares of the company’s stock, valued at approximately $5,735,000. Raymond James Financial Inc. owned 0.95% of iShares Morningstar Small-Cap Growth ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of ISCG. JPMorgan Chase & Co. raised its stake in shares of iShares Morningstar Small-Cap Growth ETF by 162.7% during the third quarter. JPMorgan Chase & Co. now owns 1,084,465 shares of the company’s stock valued at $53,095,000 after acquiring an additional 671,641 shares in the last quarter. Veridan Wealth LLC purchased a new position in iShares Morningstar Small-Cap Growth ETF during the 4th quarter worth $1,357,000. Black Diamond Financial LLC raised its position in iShares Morningstar Small-Cap Growth ETF by 5.5% during the 4th quarter. Black Diamond Financial LLC now owns 150,248 shares of the company’s stock valued at $7,431,000 after purchasing an additional 7,784 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the 4th quarter worth $358,000. Finally, Synergy Financial Group LTD bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the 4th quarter worth $356,000.

iShares Morningstar Small-Cap Growth ETF Trading Up 3.0 %

Shares of iShares Morningstar Small-Cap Growth ETF stock opened at $47.26 on Tuesday. The stock’s fifty day moving average price is $49.26 and its 200-day moving average price is $49.90. The firm has a market cap of $685.27 million, a P/E ratio of 23.52 and a beta of 1.13. iShares Morningstar Small-Cap Growth ETF has a 12 month low of $42.50 and a 12 month high of $54.34.

iShares Morningstar Small-Cap Growth ETF Company 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.