Commonwealth Equity Services LLC Has $38.46 Million Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Commonwealth Equity Services LLC raised its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 6.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 472,360 shares of the company’s stock after acquiring an additional 30,539 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Morningstar Growth ETF were worth $38,455,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. IFG Advisory LLC bought a new position in iShares Morningstar Growth ETF in the second quarter valued at about $339,000. Key Financial Inc grew its position in iShares Morningstar Growth ETF by 44.5% in the second quarter. Key Financial Inc now owns 2,918 shares of the company’s stock valued at $238,000 after acquiring an additional 898 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new position in iShares Morningstar Growth ETF in the second quarter valued at about $208,000. Beacon Financial Advisory LLC grew its position in iShares Morningstar Growth ETF by 177.7% in the second quarter. Beacon Financial Advisory LLC now owns 16,604 shares of the company’s stock valued at $1,352,000 after acquiring an additional 10,625 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in iShares Morningstar Growth ETF by 18.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 83,851 shares of the company’s stock valued at $6,826,000 after acquiring an additional 13,116 shares during the last quarter.

iShares Morningstar Growth ETF Trading Up 1.3 %

NYSEARCA:ILCG opened at $81.86 on Friday. The stock has a market cap of $2.29 billion, a P/E ratio of 38.76 and a beta of 1.24. The stock’s 50-day moving average is $80.86 and its 200-day moving average is $77.42. iShares Morningstar Growth ETF has a 1-year low of $57.26 and a 1-year high of $85.17.

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.