MRA Advisory Group Invests $6.01 Million in iShares Morningstar Small-Cap Growth ETF $ISCG

MRA Advisory Group bought a new stake in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 109,752 shares of the company’s stock, valued at approximately $6,014,000. iShares Morningstar Small-Cap Growth ETF accounts for approximately 2.5% of MRA Advisory Group’s holdings, making the stock its 14th largest position. MRA Advisory Group owned about 0.71% of iShares Morningstar Small-Cap Growth ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the 1st quarter worth approximately $49,000. Arax Advisory Partners acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the 4th quarter worth approximately $52,000. Laurel Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter valued at approximately $78,000. Smartleaf Asset Management LLC increased its position in shares of iShares Morningstar Small-Cap Growth ETF by 13.9% during the second quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock valued at $134,000 after purchasing an additional 331 shares during the period. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF in the fourth quarter valued at $142,000.

iShares Morningstar Small-Cap Growth ETF Trading Up 0.5%

Shares of NYSEARCA ISCG opened at $64.33 on Friday. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 26.03 and a beta of 1.13. iShares Morningstar Small-Cap Growth ETF has a one year low of $49.19 and a one year high of $64.61. The business has a fifty day simple moving average of $61.80 and a 200 day simple moving average of $58.87.

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