Commonwealth Equity Services LLC Buys 57,134 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Commonwealth Equity Services LLC raised its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 435,098 shares of the company’s stock after buying an additional 57,134 shares during the quarter. Commonwealth Equity Services LLC owned 1.53% of iShares Morningstar Growth ETF worth $29,508,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ILCG. Harbor Investment Advisory LLC raised its position in shares of iShares Morningstar Growth ETF by 6.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,550 shares of the company’s stock valued at $173,000 after acquiring an additional 150 shares during the period. Sunbelt Securities Inc. raised its holdings in iShares Morningstar Growth ETF by 3.1% in the third quarter. Sunbelt Securities Inc. now owns 5,452 shares of the company’s stock worth $325,000 after purchasing an additional 162 shares during the period. Prime Capital Investment Advisors LLC raised its holdings in iShares Morningstar Growth ETF by 0.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 73,723 shares of the company’s stock worth $4,398,000 after purchasing an additional 200 shares during the period. Kestra Advisory Services LLC boosted its position in shares of iShares Morningstar Growth ETF by 5.0% during the third quarter. Kestra Advisory Services LLC now owns 4,476 shares of the company’s stock worth $267,000 after purchasing an additional 213 shares in the last quarter. Finally, J.W. Cole Advisors Inc. grew its holdings in shares of iShares Morningstar Growth ETF by 3.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 6,960 shares of the company’s stock valued at $472,000 after buying an additional 228 shares during the period.

iShares Morningstar Growth ETF Stock Up 1.8 %

ILCG opened at $74.31 on Friday. The stock has a market cap of $2.08 billion, a P/E ratio of 36.44 and a beta of 1.21. iShares Morningstar Growth ETF has a 12 month low of $54.68 and a 12 month high of $76.38. The company has a fifty day simple moving average of $74.20 and a 200 day simple moving average of $69.23.

iShares Morningstar Growth ETF Company 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.