Ipsen Advisor Group LLC Invests $3.43 Million in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV)

Ipsen Advisor Group LLC bought a new stake in iShares Morningstar Small-Cap Value ETF (NYSEARCA:ISCV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 54,064 shares of the company’s stock, valued at approximately $3,428,000. iShares Morningstar Small-Cap Value ETF comprises about 2.9% of Ipsen Advisor Group LLC’s holdings, making the stock its 10th largest position. Ipsen Advisor Group LLC owned approximately 0.78% of iShares Morningstar Small-Cap Value ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of iShares Morningstar Small-Cap Value ETF in the 4th quarter valued at $9,461,000. LPL Financial LLC boosted its holdings in iShares Morningstar Small-Cap Value ETF by 57.9% in the fourth quarter. LPL Financial LLC now owns 133,240 shares of the company’s stock valued at $8,449,000 after purchasing an additional 48,877 shares during the last quarter. Christopher J. Hasenberg Inc acquired a new stake in iShares Morningstar Small-Cap Value ETF during the 4th quarter worth about $4,671,000. Avantax Advisory Services Inc. grew its position in iShares Morningstar Small-Cap Value ETF by 1.3% during the 4th quarter. Avantax Advisory Services Inc. now owns 64,233 shares of the company’s stock worth $4,073,000 after purchasing an additional 797 shares during the period. Finally, IHT Wealth Management LLC raised its stake in shares of iShares Morningstar Small-Cap Value ETF by 69.6% during the 3rd quarter. IHT Wealth Management LLC now owns 40,396 shares of the company’s stock valued at $2,552,000 after buying an additional 16,575 shares during the last quarter.

iShares Morningstar Small-Cap Value ETF Stock Down 0.6 %

Shares of ISCV opened at $60.64 on Wednesday. The company has a market capitalization of $424.48 million, a price-to-earnings ratio of 13.89 and a beta of 1.27. iShares Morningstar Small-Cap Value ETF has a 52 week low of $55.96 and a 52 week high of $70.13. The stock’s 50-day moving average price is $63.19 and its 200-day moving average price is $64.03.

iShares Morningstar Small-Cap Value ETF Company Profile

The iShares Morningstar Small-Cap Value ETF (ISCV) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small-cap value stocks. The index selects stocks from 90-99.5% of market cap that fall into Morningstar’s value style categorization.