Merit Financial Group LLC Takes $201,000 Position in iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB)

Merit Financial Group LLC purchased a new position in iShares Morningstar Small-Cap ETF (NYSEARCA:ISCB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 3,752 shares of the company’s stock, valued at approximately $201,000.

Several other institutional investors have also recently made changes to their positions in ISCB. Choreo LLC boosted its holdings in shares of iShares Morningstar Small-Cap ETF by 0.9% in the fourth quarter. Choreo LLC now owns 24,426 shares of the company’s stock valued at $1,309,000 after purchasing an additional 210 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of iShares Morningstar Small-Cap ETF by 3.0% during the third quarter. Kestra Advisory Services LLC now owns 7,825 shares of the company’s stock valued at $368,000 after purchasing an additional 231 shares in the last quarter. Flagstar Advisors Inc. increased its holdings in iShares Morningstar Small-Cap ETF by 11.2% during the fourth quarter. Flagstar Advisors Inc. now owns 7,209 shares of the company’s stock valued at $386,000 after buying an additional 724 shares during the period. Atria Wealth Solutions Inc. raised its stake in iShares Morningstar Small-Cap ETF by 2.2% in the third quarter. Atria Wealth Solutions Inc. now owns 63,312 shares of the company’s stock worth $2,981,000 after buying an additional 1,367 shares in the last quarter. Finally, Brand Asset Management Group Inc. lifted its holdings in iShares Morningstar Small-Cap ETF by 5.8% during the fourth quarter. Brand Asset Management Group Inc. now owns 34,024 shares of the company’s stock worth $1,824,000 after buying an additional 1,860 shares during the period.

iShares Morningstar Small-Cap ETF Trading Up 1.0 %

Shares of NYSEARCA ISCB opened at $54.95 on Friday. iShares Morningstar Small-Cap ETF has a 12-month low of $43.12 and a 12-month high of $56.27. The stock’s fifty day simple moving average is $54.01 and its two-hundred day simple moving average is $51.68. The stock has a market capitalization of $222.53 million, a PE ratio of 13.98 and a beta of 1.18.

iShares Morningstar Small-Cap ETF Company Profile

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.