Brand Asset Management Group Inc. Sells 459 Shares of iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB)

Brand Asset Management Group Inc. decreased its stake in shares of iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,943 shares of the company’s stock after selling 459 shares during the period. iShares Morningstar Small-Cap ETF accounts for about 0.7% of Brand Asset Management Group Inc.’s investment portfolio, making the stock its 28th biggest holding. Brand Asset Management Group Inc.’s holdings in iShares Morningstar Small-Cap ETF were worth $1,698,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Key Financial Inc boosted its stake in iShares Morningstar Small-Cap ETF by 75.3% during the third quarter. Key Financial Inc now owns 617 shares of the company’s stock worth $36,000 after acquiring an additional 265 shares in the last quarter. Goldstein Advisors LLC grew its stake in shares of iShares Morningstar Small-Cap ETF by 0.7% in the 3rd quarter. Goldstein Advisors LLC now owns 41,679 shares of the company’s stock valued at $2,446,000 after buying an additional 295 shares during the period. FMR LLC raised its stake in iShares Morningstar Small-Cap ETF by 13.8% during the 3rd quarter. FMR LLC now owns 6,649 shares of the company’s stock worth $390,000 after buying an additional 807 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Morningstar Small-Cap ETF by 27.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,974 shares of the company’s stock worth $322,000 after acquiring an additional 1,281 shares in the last quarter. Finally, MML Investors Services LLC grew its position in iShares Morningstar Small-Cap ETF by 26.0% in the 3rd quarter. MML Investors Services LLC now owns 9,462 shares of the company’s stock valued at $555,000 after purchasing an additional 1,952 shares during the period.

iShares Morningstar Small-Cap ETF Trading Up 0.5 %

ISCB opened at $60.68 on Friday. The company has a market cap of $242.72 million, a price-to-earnings ratio of 14.39 and a beta of 1.18. The company’s fifty day moving average price is $61.07 and its two-hundred day moving average price is $58.54. iShares Morningstar Small-Cap ETF has a 1-year low of $50.80 and a 1-year high of $64.66.

About iShares Morningstar Small-Cap ETF

The iShares Morningstar Small-Cap ETF (ISCB) is an exchange-traded fund that is based on the Morningstar US Small Cap Extended index, a market-cap-weighted index of US small-cap stocks ISCB was launched on Jun 28, 2004 and is managed by BlackRock.