iShares Morningstar Growth ETF $ILCG Shares Acquired by Valpey Financial Services LLC

Valpey Financial Services LLC increased its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 10,289.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 474,901 shares of the company’s stock after acquiring an additional 470,330 shares during the period. Valpey Financial Services LLC’s holdings in iShares Morningstar Growth ETF were worth $49,409,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of ILCG. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Morningstar Growth ETF by 794.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock valued at $83,460,000 after buying an additional 712,505 shares during the period. AdvisorShares Investments LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the third quarter worth $41,913,000. Private Advisor Group LLC raised its position in shares of iShares Morningstar Growth ETF by 376.5% during the third quarter. Private Advisor Group LLC now owns 113,848 shares of the company’s stock worth $11,874,000 after purchasing an additional 89,955 shares during the period. Farther Finance Advisors LLC raised its position in shares of iShares Morningstar Growth ETF by 949.7% during the fourth quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock worth $8,265,000 after purchasing an additional 71,870 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of iShares Morningstar Growth ETF by 22.5% during the third quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock worth $39,272,000 after purchasing an additional 69,279 shares during the period.

iShares Morningstar Growth ETF Stock Up 1.1%

Shares of iShares Morningstar Growth ETF stock opened at $118.24 on Friday. The stock’s fifty day moving average is $106.69 and its 200-day moving average is $104.41. The firm has a market capitalization of $3.15 billion, a PE ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 12-month low of $89.92 and a 12-month high of $118.35.

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.