Beam Wealth Advisors Inc. Grows Stock Holdings in iShares Morningstar Small-Cap Growth ETF $ISCG

Beam Wealth Advisors Inc. grew its holdings in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 34.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 104,264 shares of the company’s stock after acquiring an additional 26,452 shares during the period. iShares Morningstar Small-Cap Growth ETF comprises approximately 1.4% of Beam Wealth Advisors Inc.’s holdings, making the stock its 16th biggest holding. Beam Wealth Advisors Inc.’s holdings in iShares Morningstar Small-Cap Growth ETF were worth $5,714,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Securities Inc. boosted its position in iShares Morningstar Small-Cap Growth ETF by 2.0% during the 4th quarter. Fifth Third Securities Inc. now owns 10,315 shares of the company’s stock worth $572,000 after purchasing an additional 201 shares during the period. Kestra Private Wealth Services LLC raised its position in iShares Morningstar Small-Cap Growth ETF by 6.1% in the first quarter. Kestra Private Wealth Services LLC now owns 4,087 shares of the company’s stock valued at $224,000 after purchasing an additional 236 shares during the period. Towerpoint Wealth LLC lifted its stake in shares of iShares Morningstar Small-Cap Growth ETF by 5.7% during the fourth quarter. Towerpoint Wealth LLC now owns 4,624 shares of the company’s stock worth $256,000 after purchasing an additional 250 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of iShares Morningstar Small-Cap Growth ETF by 13.9% in the second quarter. Smartleaf Asset Management LLC now owns 2,704 shares of the company’s stock worth $134,000 after buying an additional 331 shares during the period. Finally, Synergy Financial Group LTD boosted its position in shares of iShares Morningstar Small-Cap Growth ETF by 4.4% in the fourth quarter. Synergy Financial Group LTD now owns 7,892 shares of the company’s stock worth $438,000 after buying an additional 336 shares during the period.

iShares Morningstar Small-Cap Growth ETF Stock Performance

Shares of NYSEARCA:ISCG opened at $63.32 on Thursday. The business’s 50-day simple moving average is $62.46 and its 200 day simple moving average is $59.35. The company has a market cap of $975.13 million, a P/E ratio of 26.03 and a beta of 1.12. iShares Morningstar Small-Cap Growth ETF has a one year low of $49.33 and a one year high of $65.97.

About iShares Morningstar Small-Cap Growth ETF

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.