RFG Advisory LLC Trims Holdings in iShares Morningstar Growth ETF $ILCG

RFG Advisory LLC trimmed its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 94.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,307 shares of the company’s stock after selling 35,882 shares during the period. RFG Advisory LLC’s holdings in iShares Morningstar Growth ETF were worth $240,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in iShares Morningstar Growth ETF by 60.9% during the 3rd quarter. Assetmark Inc. now owns 16,028 shares of the company’s stock worth $1,672,000 after buying an additional 6,068 shares during the period. Ashton Thomas Securities LLC purchased a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth approximately $2,715,000. Citigroup Inc. increased its stake in iShares Morningstar Growth ETF by 19.6% during the 3rd quarter. Citigroup Inc. now owns 40,344 shares of the company’s stock worth $4,208,000 after buying an additional 6,617 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Morningstar Growth ETF by 22.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock worth $39,272,000 after buying an additional 69,279 shares during the period. Finally, Invested Advisors purchased a new stake in iShares Morningstar Growth ETF during the 4th quarter worth approximately $581,000.

iShares Morningstar Growth ETF Stock Up 0.2%

Shares of ILCG opened at $115.10 on Tuesday. iShares Morningstar Growth ETF has a fifty-two week low of $87.68 and a fifty-two week high of $115.66. The firm’s 50 day moving average price is $102.68 and its 200 day moving average price is $103.54. The company has a market cap of $3.06 billion, a P/E ratio of 38.10 and a beta of 1.22.

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.