JPMorgan Chase & Co. Grows Stake in iShares Morningstar Growth ETF $ILCG

JPMorgan Chase & Co. lifted its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 22.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 376,531 shares of the company’s stock after buying an additional 69,279 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Morningstar Growth ETF were worth $39,272,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Painted Porch Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF in the third quarter worth approximately $137,000. GM Advisory Group LLC raised its stake in shares of iShares Morningstar Growth ETF by 16.0% in the third quarter. GM Advisory Group LLC now owns 286,081 shares of the company’s stock worth $29,838,000 after purchasing an additional 39,556 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of iShares Morningstar Growth ETF by 4.9% during the third quarter. Advisory Services Network LLC now owns 26,678 shares of the company’s stock valued at $2,783,000 after purchasing an additional 1,241 shares in the last quarter. Del Sette Capital Management LLC purchased a new stake in shares of iShares Morningstar Growth ETF during the third quarter valued at $2,043,000. Finally, NewEdge Advisors LLC boosted its position in shares of iShares Morningstar Growth ETF by 23.8% during the third quarter. NewEdge Advisors LLC now owns 14,288 shares of the company’s stock valued at $1,490,000 after buying an additional 2,751 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA ILCG opened at $96.08 on Friday. iShares Morningstar Growth ETF has a one year low of $69.47 and a one year high of $109.22. The stock has a 50-day moving average of $102.11 and a 200 day moving average of $103.40. The company has a market capitalization of $2.72 billion, a price-to-earnings 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.