Money Concepts Capital Corp Reduces Stock Holdings in iShares Morningstar Growth ETF $ILCG

Money Concepts Capital Corp cut its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 11.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 44,542 shares of the company’s stock after selling 5,799 shares during the period. Money Concepts Capital Corp owned approximately 0.17% of iShares Morningstar Growth ETF worth $4,253,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ILCG. Kestra Private Wealth Services LLC raised its stake in shares of iShares Morningstar Growth ETF by 0.9% during the first quarter. Kestra Private Wealth Services LLC now owns 11,096 shares of the company’s stock valued at $1,059,000 after purchasing an additional 96 shares during the period. Savant Capital LLC boosted its stake in shares of iShares Morningstar Growth ETF by 0.4% in the fourth quarter. Savant Capital LLC now owns 26,769 shares of the company’s stock valued at $2,785,000 after purchasing an additional 107 shares during the period. Beacon Financial Advisory LLC boosted its stake in shares of iShares Morningstar Growth ETF by 0.6% in the first quarter. Beacon Financial Advisory LLC now owns 19,386 shares of the company’s stock valued at $1,851,000 after purchasing an additional 107 shares during the period. Fifth Third Bancorp grew its holdings in iShares Morningstar Growth ETF by 5.9% during the 4th quarter. Fifth Third Bancorp now owns 1,960 shares of the company’s stock valued at $204,000 after purchasing an additional 110 shares in the last quarter. Finally, Spire Wealth Management grew its holdings in iShares Morningstar Growth ETF by 23.8% during the 4th quarter. Spire Wealth Management now owns 630 shares of the company’s stock valued at $66,000 after purchasing an additional 121 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

iShares Morningstar Growth ETF stock opened at $116.05 on Friday. iShares Morningstar Growth ETF has a 12-month low of $91.26 and a 12-month high of $120.57. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. The firm’s fifty day moving average price is $115.23 and its 200 day moving average price is $106.98.

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.