Northwest Wealth Advisors LLC Makes New $3.86 Million Investment in iShares Morningstar Growth ETF $ILCG

Northwest Wealth Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 37,051 shares of the company’s stock, valued at approximately $3,855,000. iShares Morningstar Growth ETF accounts for about 3.0% of Northwest Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Northwest Wealth Advisors LLC owned approximately 0.13% of iShares Morningstar Growth ETF at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ILCG. Northwestern Mutual Wealth Management Co. raised its stake in iShares Morningstar Growth ETF by 794.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock worth $83,460,000 after purchasing an additional 712,505 shares during the period. AdvisorShares Investments LLC purchased a new position in iShares Morningstar Growth ETF during the third quarter worth about $41,913,000. Private Advisor Group LLC raised its stake in iShares Morningstar Growth ETF by 376.5% during the third quarter. Private Advisor Group LLC now owns 113,848 shares of the company’s stock worth $11,874,000 after purchasing an additional 89,955 shares during the period. Farther Finance Advisors LLC raised its stake in iShares Morningstar Growth ETF by 949.7% during the fourth quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock worth $8,265,000 after purchasing an additional 71,870 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in iShares Morningstar Growth ETF by 22.5% during the third quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock worth $39,272,000 after purchasing an additional 69,279 shares during the period.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG stock opened at $115.42 on Friday. The firm’s 50-day moving average is $104.98 and its two-hundred day moving average is $104.01. The company has a market capitalization of $3.07 billion, a PE ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 12 month low of $88.66 and a 12 month high of $117.43.

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.