Arcadia Wealth Management LLC Has $4.98 Million Stock Holdings in iShares Morningstar Growth ETF $ILCG

Arcadia Wealth Management LLC boosted its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 9.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,162 shares of the company’s stock after buying an additional 4,383 shares during the period. iShares Morningstar Growth ETF makes up approximately 1.8% of Arcadia Wealth Management LLC’s portfolio, making the stock its 15th biggest position. Arcadia Wealth Management LLC owned approximately 0.20% of iShares Morningstar Growth ETF worth $4,980,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Invested Advisors bought a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter valued at approximately $581,000. Asempa Wealth Advisors bought a new position in shares of iShares Morningstar Growth ETF in the 4th quarter worth $2,519,000. Park Avenue Securities LLC lifted its holdings in shares of iShares Morningstar Growth ETF by 24.4% in the 4th quarter. Park Avenue Securities LLC now owns 76,561 shares of the company’s stock worth $7,965,000 after purchasing an additional 15,002 shares in the last quarter. Farther Finance Advisors LLC grew its position in iShares Morningstar Growth ETF by 949.7% in the 4th quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock valued at $8,265,000 after purchasing an additional 71,870 shares during the period. Finally, Rockefeller Capital Management L.P. grew its position in iShares Morningstar Growth ETF by 11.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 168,913 shares of the company’s stock valued at $17,574,000 after purchasing an additional 17,277 shares during the period.

iShares Morningstar Growth ETF Stock Performance

Shares of ILCG stock opened at $114.09 on Friday. The firm has a market capitalization of $3.12 billion, a PE ratio of 38.10 and a beta of 1.22. The firm has a fifty day simple moving average of $114.78 and a two-hundred day simple moving average of $106.60. iShares Morningstar Growth ETF has a 12 month low of $91.26 and a 12 month high of $120.57.

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.