Noesis Capital Mangement Corp Trims Stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Noesis Capital Mangement Corp lessened its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 9.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,674 shares of the company’s stock after selling 500 shares during the period. Noesis Capital Mangement Corp’s holdings in iShares Morningstar Growth ETF were worth $393,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of ILCG. Strategic Financial Concepts LLC increased its holdings in iShares Morningstar Growth ETF by 1,453.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 853,847 shares of the company’s stock valued at $695,000 after purchasing an additional 798,883 shares during the last quarter. AdvisorShares Investments LLC purchased a new stake in shares of iShares Morningstar Growth ETF in the 2nd quarter valued at $40,618,000. Private Advisor Group LLC lifted its stake in iShares Morningstar Growth ETF by 394.9% during the 2nd quarter. Private Advisor Group LLC now owns 136,803 shares of the company’s stock worth $11,137,000 after acquiring an additional 109,161 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in iShares Morningstar Growth ETF by 56.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock valued at $24,038,000 after acquiring an additional 106,146 shares during the period. Finally, LPL Financial LLC grew its position in iShares Morningstar Growth ETF by 7.8% in the 2nd quarter. LPL Financial LLC now owns 1,361,772 shares of the company’s stock valued at $110,862,000 after acquiring an additional 98,743 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

Shares of NYSEARCA:ILCG opened at $89.45 on Thursday. The firm’s 50-day moving average is $86.05 and its two-hundred day moving average is $82.17. iShares Morningstar Growth ETF has a 1 year low of $64.45 and a 1 year high of $90.66. The firm has a market capitalization of $2.50 billion, a PE ratio of 38.76 and a beta of 1.24.

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.