Brand Asset Management Group Inc. Sells 186 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Brand Asset Management Group Inc. cut its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 0.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,309 shares of the company’s stock after selling 186 shares during the quarter. iShares Morningstar Growth ETF comprises approximately 1.2% of Brand Asset Management Group Inc.’s holdings, making the stock its 19th largest holding. Brand Asset Management Group Inc. owned approximately 0.13% of iShares Morningstar Growth ETF worth $2,956,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Raymond James & Associates lifted its position in iShares Morningstar Growth ETF by 12.4% in the second quarter. Raymond James & Associates now owns 99,945 shares of the company’s stock worth $8,137,000 after buying an additional 11,036 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in iShares Morningstar Growth ETF by 15.3% in the second quarter. Sequoia Financial Advisors LLC now owns 3,775 shares of the company’s stock worth $307,000 after buying an additional 500 shares during the last quarter. Trinity Wealth Management LLC bought a new stake in iShares Morningstar Growth ETF in the second quarter worth $1,212,000. RFG Advisory LLC lifted its position in iShares Morningstar Growth ETF by 5.2% in the second quarter. RFG Advisory LLC now owns 41,223 shares of the company’s stock worth $3,356,000 after buying an additional 2,027 shares during the last quarter. Finally, Helen Stephens Group LLC bought a new stake in iShares Morningstar Growth ETF in the second quarter worth $946,000.

iShares Morningstar Growth ETF Stock Performance

ILCG stock traded up $1.10 during midday trading on Monday, reaching $82.34. The company’s stock had a trading volume of 38,430 shares, compared to its average volume of 87,762. The stock has a fifty day simple moving average of $80.77 and a two-hundred day simple moving average of $76.87. iShares Morningstar Growth ETF has a 1 year low of $57.26 and a 1 year high of $85.17. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24.

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.