Vision Capital Management Inc. Makes New $788,000 Investment in iShares Morningstar Growth ETF $ILCG

Vision Capital Management Inc. acquired a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,740 shares of the company’s stock, valued at approximately $788,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares Morningstar Growth ETF by 71.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock worth $119,558,000 after purchasing an additional 424,099 shares during the last quarter. Cetera Investment Advisers grew its stake in iShares Morningstar Growth ETF by 12.8% during the first quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock worth $56,916,000 after buying an additional 67,654 shares during the last quarter. FAS Wealth Partners Inc. grew its stake in iShares Morningstar Growth ETF by 1.1% during the first quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock worth $56,605,000 after buying an additional 6,217 shares during the last quarter. Clearstead Trust LLC increased its holdings in shares of iShares Morningstar Growth ETF by 12.5% during the first quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock worth $53,265,000 after buying an additional 62,044 shares in the last quarter. Finally, GM Advisory Group LLC increased its holdings in shares of iShares Morningstar Growth ETF by 6.8% during the first quarter. GM Advisory Group LLC now owns 356,056 shares of the company’s stock worth $33,996,000 after buying an additional 22,811 shares in the last quarter.

iShares Morningstar Growth ETF Trading Up 0.9%

NYSEARCA:ILCG opened at $114.08 on Tuesday. iShares Morningstar Growth ETF has a 1 year low of $91.26 and a 1 year high of $121.11. The firm has a 50 day moving average of $116.18 and a 200-day moving average of $113.80. The stock has a market capitalization of $3.11 billion, a P/E ratio of 38.10 and a beta of 1.22.

About iShares Morningstar Growth ETF

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.