iShares Morningstar Growth ETF $ILCG Stake Cut by Absolute Capital Management LLC

Absolute Capital Management LLC cut its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 56.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,504 shares of the company’s stock after selling 20,000 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares Morningstar Growth ETF were worth $1,617,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of ILCG. Transce3nd LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new position in iShares Morningstar Growth ETF during the second quarter valued at approximately $40,000. Spire Wealth Management acquired a new position in iShares Morningstar Growth ETF in the 3rd quarter valued at approximately $53,000. Signaturefd LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the 2nd quarter valued at $66,000. Finally, Atwood & Palmer Inc. grew its holdings in shares of iShares Morningstar Growth ETF by 3,786.2% during the 3rd quarter. Atwood & Palmer Inc. now owns 1,127 shares of the company’s stock valued at $118,000 after acquiring an additional 1,098 shares in the last quarter.

iShares Morningstar Growth ETF Stock Up 0.0%

iShares Morningstar Growth ETF stock opened at $105.96 on Thursday. iShares Morningstar Growth ETF has a 12 month low of $69.47 and a 12 month high of $109.22. The company’s fifty day simple moving average is $104.23 and its 200-day simple moving average is $103.09. The stock has a market cap of $2.99 billion, a P/E ratio of 38.10 and a beta of 1.16.

About iShares Morningstar Growth ETF

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.