Perennial Investment Advisors LLC Has $983,000 Position in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

Perennial Investment Advisors LLC boosted its holdings in iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 7.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 19,870 shares of the company’s stock after buying an additional 1,380 shares during the period. Perennial Investment Advisors LLC’s holdings in iShares Morningstar Small-Cap Growth ETF were worth $983,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Physician Wealth Advisors Inc. acquired a new position in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth $49,000. JPMorgan Chase & Co. lifted its holdings in iShares Morningstar Small-Cap Growth ETF by 0.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,087,416 shares of the company’s stock worth $53,784,000 after buying an additional 2,951 shares during the period. Ipsen Advisor Group LLC bought a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the 4th quarter valued at about $5,293,000. LPL Financial LLC increased its stake in shares of iShares Morningstar Small-Cap Growth ETF by 9.6% in the fourth quarter. LPL Financial LLC now owns 388,941 shares of the company’s stock valued at $19,237,000 after buying an additional 34,191 shares during the period. Finally, Millstone Evans Group LLC bought a new position in shares of iShares Morningstar Small-Cap Growth ETF during the fourth quarter worth about $37,000.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of ISCG stock opened at $40.94 on Friday. The stock has a market capitalization of $593.63 million, a PE ratio of 23.52 and a beta of 1.13. The business’s 50 day simple moving average is $48.14 and its 200 day simple moving average is $49.76. iShares Morningstar Small-Cap Growth ETF has a one year low of $40.00 and a one year high of $54.34.

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.