TFB Advisors LLC Sells 589 Shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG)

TFB Advisors LLC trimmed its holdings in shares of iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) by 10.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,016 shares of the company’s stock after selling 589 shares during the period. TFB Advisors LLC’s holdings in iShares Morningstar Small-Cap Growth ETF were worth $228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in ISCG. Concord Wealth Partners purchased a new stake in shares of iShares Morningstar Small-Cap Growth ETF in the 1st quarter worth approximately $65,000. Gilliland Jeter Wealth Management LLC bought a new stake in iShares Morningstar Small-Cap Growth ETF during the 2nd quarter valued at $83,000. Principal Securities Inc. bought a new stake in iShares Morningstar Small-Cap Growth ETF during the 4th quarter valued at $126,000. Opal Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Small-Cap Growth ETF in the 2nd quarter valued at $143,000. Finally, Madison Wealth Partners Inc raised its position in shares of iShares Morningstar Small-Cap Growth ETF by 5.6% in the 4th quarter. Madison Wealth Partners Inc now owns 7,749 shares of the company’s stock worth $341,000 after acquiring an additional 412 shares in the last quarter.

iShares Morningstar Small-Cap Growth ETF Price Performance

Shares of ISCG stock opened at $48.20 on Friday. The stock’s 50-day moving average is $46.54 and its 200 day moving average is $45.61. iShares Morningstar Small-Cap Growth ETF has a 1-year low of $35.33 and a 1-year high of $49.19. The company has a market cap of $585.63 million, a P/E ratio of 21.98 and a beta of 1.23.

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.