Rockefeller Capital Management L.P. lifted its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report) by 11.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 168,913 shares of the company’s stock after purchasing an additional 17,277 shares during the period. Rockefeller Capital Management L.P. owned 0.60% of iShares Morningstar Growth ETF worth $17,574,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Invested Advisors bought a new position in iShares Morningstar Growth ETF in the 4th quarter valued at $581,000. Citigroup Inc. increased its stake in shares of iShares Morningstar Growth ETF by 19.6% in the 3rd quarter. Citigroup Inc. now owns 40,344 shares of the company’s stock valued at $4,208,000 after buying an additional 6,617 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Morningstar Growth ETF by 22.5% during the third quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock worth $39,272,000 after acquiring an additional 69,279 shares during the last quarter. Asempa Wealth Advisors bought a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth $2,519,000. Finally, Farther Finance Advisors LLC raised its position in shares of 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 last quarter.
iShares Morningstar Growth ETF Stock Down 2.9%
Shares of ILCG opened at $113.42 on Wednesday. The stock’s fifty day simple moving average is $113.61 and its 200-day simple moving average is $106.06. The firm has a market capitalization of $3.02 billion, a PE ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 12-month low of $91.26 and a 12-month high of $120.57.
iShares Morningstar Growth ETF 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.
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