iShares Morningstar Growth ETF (NYSEARCA:ILCG) Shares Acquired by IFP Advisors Inc

IFP Advisors Inc boosted its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 82.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,201 shares of the company’s stock after acquiring an additional 3,696 shares during the quarter. IFP Advisors Inc’s holdings in iShares Morningstar Growth ETF were worth $735,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Focus Financial Network Inc. increased its position in iShares Morningstar Growth ETF by 6.0% during the 3rd quarter. Focus Financial Network Inc. now owns 41,292 shares of the company’s stock worth $3,470,000 after purchasing an additional 2,321 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Morningstar Growth ETF by 953.0% in the third quarter. Creative Financial Designs Inc. ADV now owns 13,931 shares of the company’s stock valued at $1,171,000 after buying an additional 12,608 shares in the last quarter. Mathes Company Inc. acquired a new position in iShares Morningstar Growth ETF during the third quarter worth $210,000. Key Financial Inc raised its position in iShares Morningstar Growth ETF by 12.2% in the third quarter. Key Financial Inc now owns 3,273 shares of the company’s stock worth $275,000 after acquiring an additional 355 shares in the last quarter. Finally, White Pine Investment CO raised its position in iShares Morningstar Growth ETF by 2.9% in the third quarter. White Pine Investment CO now owns 66,983 shares of the company’s stock worth $5,629,000 after acquiring an additional 1,913 shares in the last quarter.

iShares Morningstar Growth ETF Stock Performance

Shares of NYSEARCA ILCG opened at $86.91 on Friday. iShares Morningstar Growth ETF has a one year low of $70.48 and a one year high of $94.61. The firm has a market capitalization of $2.43 billion, a P/E ratio of 38.76 and a beta of 1.24. The company’s fifty day moving average is $91.53 and its two-hundred day moving average is $87.64.

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.