BridgePort Financial Solutions LLC Makes New Investment in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

BridgePort Financial Solutions LLC bought a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,468 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC bought a new position in iShares Morningstar Growth ETF in the 4th quarter worth approximately $39,000. Ameriflex Group Inc. bought a new position in iShares Morningstar Growth ETF in the 4th quarter worth approximately $56,000. Synergy Investment Management LLC bought a new position in iShares Morningstar Growth ETF in the 4th quarter worth approximately $140,000. Elevation Capital Advisory LLC bought a new position in iShares Morningstar Growth ETF in the 4th quarter worth approximately $208,000. Finally, Good Life Advisors LLC purchased a new stake in iShares Morningstar Growth ETF in the 4th quarter worth approximately $215,000.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $91.26 on Wednesday. iShares Morningstar Growth ETF has a 1 year low of $69.47 and a 1 year high of $94.61. The stock has a market capitalization of $2.53 billion, a PE ratio of 33.22 and a beta of 1.18. The company’s 50 day simple moving average is $82.85 and its two-hundred day simple moving average is $87.54.

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.