Hershey Financial Advisers LLC Buys New Stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Hershey Financial Advisers LLC bought a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 43,206 shares of the company’s stock, valued at approximately $3,871,000. iShares Morningstar Growth ETF comprises about 3.4% of Hershey Financial Advisers LLC’s investment portfolio, making the stock its 8th largest position. Hershey Financial Advisers LLC owned about 0.15% of iShares Morningstar Growth ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ILCG. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares Morningstar Growth ETF in the 4th quarter valued at approximately $39,000. Synergy Investment Management LLC acquired a new position in shares of iShares Morningstar Growth ETF in the fourth quarter worth $140,000. McCarthy & Cox acquired a new position in shares of iShares Morningstar Growth ETF in the fourth quarter worth $202,000. Elevation Capital Advisory LLC acquired a new position in shares of iShares Morningstar Growth ETF in the fourth quarter worth $208,000. Finally, Good Life Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF in the fourth quarter worth $215,000.

iShares Morningstar Growth ETF Stock Up 0.4 %

NYSEARCA:ILCG opened at $83.15 on Monday. The company has a fifty day simple moving average of $89.16 and a two-hundred day simple moving average of $88.04. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 32.45 and a beta of 1.13. iShares Morningstar Growth ETF has a 52 week low of $70.48 and a 52 week high of $94.61.

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.