Phoenix Wealth Advisors Lowers Stock Holdings in iShares Morningstar Small-Cap Growth ETF $ISCG

Phoenix Wealth Advisors reduced its position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 23.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,210 shares of the company’s stock after selling 6,157 shares during the quarter. Phoenix Wealth Advisors owned approximately 0.15% of iShares Morningstar Small-Cap Growth ETF worth $1,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Assetmark Inc. boosted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 121.4% in the second quarter. Assetmark Inc. now owns 899 shares of the company’s stock valued at $45,000 after purchasing an additional 493 shares during the period. Geneos Wealth Management Inc. boosted its position in iShares Morningstar Small-Cap Growth ETF by 508.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,354 shares of the company’s stock valued at $106,000 after buying an additional 1,967 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of iShares Morningstar Small-Cap Growth ETF by 23.2% in the first quarter. Smartleaf Asset Management LLC now owns 2,373 shares of the company’s stock worth $107,000 after acquiring an additional 447 shares in the last quarter. Harbour Investments Inc. increased its position in shares of iShares Morningstar Small-Cap Growth ETF by 18.6% during the first quarter. Harbour Investments Inc. now owns 3,777 shares of the company’s stock worth $170,000 after acquiring an additional 592 shares during the period. Finally, Prospera Financial Services Inc acquired a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the second quarter valued at $215,000.

iShares Morningstar Small-Cap Growth ETF Trading Down 3.0%

NYSEARCA:ISCG opened at $53.29 on Friday. The stock has a fifty day moving average price of $54.76 and a 200 day moving average price of $51.33. iShares Morningstar Small-Cap Growth ETF has a 12-month low of $38.73 and a 12-month high of $56.67. The firm has a market cap of $746.06 million, a PE ratio of 26.03 and a beta of 1.10.

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.