Opes Wealth Management LLC Acquires 1,028 Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

Opes Wealth Management LLC boosted its holdings in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 comprises 1.1% of Opes Wealth Management LLC’s holdings, making the stock its 28th largest holding. Opes Wealth Management LLC owned 1.14% of iShares Morningstar Small-Cap Growth ETF worth $4,728,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. increased its holdings in iShares Morningstar Small-Cap Growth ETF by 7.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 84,944 shares of the company’s stock worth $3,738,000 after purchasing an additional 5,784 shares in the last quarter. Beam Wealth Advisors Inc. increased its holdings in iShares Morningstar Small-Cap Growth ETF by 8.1% in the fourth quarter. Beam Wealth Advisors Inc. now owns 26,428 shares of the company’s stock worth $1,163,000 after purchasing an additional 1,971 shares in the last quarter. Mariner LLC increased its holdings in iShares Morningstar Small-Cap Growth ETF by 16.2% in the third quarter. Mariner LLC now owns 39,767 shares of the company’s stock worth $1,541,000 after purchasing an additional 5,552 shares in the last quarter. Certified Advisory Corp increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 3.4% during the third quarter. Certified Advisory Corp now owns 74,374 shares of the company’s stock valued at $2,883,000 after acquiring an additional 2,429 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of iShares Morningstar Small-Cap Growth ETF by 4.9% during the third quarter. UBS Group AG now owns 67,917 shares of the company’s stock valued at $2,632,000 after acquiring an additional 3,192 shares in the last quarter.

iShares Morningstar Small-Cap Growth ETF Stock Performance

Shares of NYSEARCA ISCG traded down $0.17 during midday trading on Thursday, hitting $42.84. 36,958 shares of the stock traded hands, compared to its average volume of 49,421. The company has a market cap of $514.08 million, a PE ratio of 21.93 and a beta of 1.22. iShares Morningstar Small-Cap Growth ETF has a one year low of $35.33 and a one year high of $46.91. The business has a 50 day moving average price of $45.16 and a two-hundred day moving average price of $42.09.

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.