Pinnacle Financial Group LLC IL Purchases 21,839 Shares of iShares Morningstar Growth ETF $ILCG

Pinnacle Financial Group LLC IL purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 21,839 shares of the company’s stock, valued at approximately $2,555,000.

Several other large investors also recently modified their holdings of the stock. MGO One Seven LLC acquired a new position in iShares Morningstar Growth ETF in the third quarter valued at about $279,000. International Assets Investment Management LLC bought a new position in iShares Morningstar Growth ETF in the 3rd quarter valued at about $1,562,000. Outlook Wealth Advisors LLC bought a new position in iShares Morningstar Growth ETF in the 3rd quarter valued at about $705,000. North Star Investment Management Corp. acquired a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at approximately $2,824,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at approximately $304,000.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA ILCG opened at $110.04 on Monday. The firm’s 50 day simple moving average is $115.53 and its 200 day simple moving average is $110.39. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 1 year low of $91.26 and a 1 year high of $121.11.

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.