iShares Morningstar Growth ETF $ILCG Shares Purchased by GM Advisory Group LLC

GM Advisory Group LLC raised its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 356,056 shares of the company’s stock after purchasing an additional 22,811 shares during the quarter. iShares Morningstar Growth ETF comprises 1.3% of GM Advisory Group LLC’s portfolio, making the stock its 21st largest holding. GM Advisory Group LLC owned about 1.34% of iShares Morningstar Growth ETF worth $33,996,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Morningstar Growth ETF by 794.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock worth $83,460,000 after buying an additional 712,505 shares in the last quarter. Valpey Financial Services LLC boosted its stake in iShares Morningstar Growth ETF by 10,289.4% during the fourth quarter. Valpey Financial Services LLC now owns 474,901 shares of the company’s stock valued at $49,409,000 after buying an additional 470,330 shares in the last quarter. Private Advisor Group LLC grew its holdings in iShares Morningstar Growth ETF by 376.5% during the third quarter. Private Advisor Group LLC now owns 113,848 shares of the company’s stock worth $11,874,000 after acquiring an additional 89,955 shares during the period. LPL Financial LLC grew its holdings in iShares Morningstar Growth ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 1,381,151 shares of the company’s stock worth $143,695,000 after acquiring an additional 86,680 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in iShares Morningstar Growth ETF by 949.7% during the fourth quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock worth $8,265,000 after acquiring an additional 71,870 shares during the period.

iShares Morningstar Growth ETF Stock Performance

Shares of iShares Morningstar Growth ETF stock opened at $114.09 on Friday. iShares Morningstar Growth ETF has a 52 week low of $91.26 and a 52 week high of $120.57. The stock has a market cap of $3.14 billion, a PE ratio of 38.10 and a beta of 1.22. The company’s 50-day moving average price is $114.78 and its two-hundred day moving average price is $106.60.

iShares Morningstar Growth ETF Company Profile

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.