47,934 Shares in iShares Morningstar Growth ETF (NYSEARCA:ILCG) Acquired by Freedom Investment Management Inc.

Freedom Investment Management Inc. acquired a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 47,934 shares of the company’s stock, valued at approximately $4,295,000. Freedom Investment Management Inc. owned approximately 0.17% of iShares Morningstar Growth ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of iShares Morningstar Growth ETF by 12.9% in the fourth quarter. LPL Financial LLC now owns 1,418,807 shares of the company’s stock worth $127,125,000 after buying an additional 162,468 shares during the period. Strategic Financial Concepts LLC grew its holdings in shares of iShares Morningstar Growth ETF by 8,239.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 838,896 shares of the company’s stock worth $75,165,000 after purchasing an additional 828,837 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Morningstar Growth ETF by 3.3% in the fourth quarter. JPMorgan Chase & Co. now owns 311,597 shares of the company’s stock worth $27,919,000 after buying an additional 9,932 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Morningstar Growth ETF during the 4th quarter valued at $27,398,000. Finally, Envestnet Asset Management Inc. grew its holdings in iShares Morningstar Growth ETF by 151.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 238,602 shares of the company’s stock worth $21,379,000 after acquiring an additional 143,847 shares during the last quarter.

iShares Morningstar Growth ETF Trading Up 0.1 %

Shares of NYSEARCA:ILCG opened at $76.97 on Friday. The company has a 50-day moving average price of $83.83 and a 200-day moving average price of $87.50. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 28.54 and a beta of 1.18. iShares Morningstar Growth ETF has a 12 month low of $69.47 and a 12 month high of $94.61.

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.