Adell Harriman & Carpenter Inc. Sells 2,500 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Adell Harriman & Carpenter Inc. lessened its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,270 shares of the company’s stock after selling 2,500 shares during the quarter. Adell Harriman & Carpenter Inc. owned 0.10% of iShares Morningstar Growth ETF worth $2,533,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ILCG. JPMorgan Chase & Co. lifted its holdings in iShares Morningstar Growth ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock valued at $25,352,000 after buying an additional 15,527 shares in the last quarter. FMR LLC lifted its holdings in iShares Morningstar Growth ETF by 4.2% during the 3rd quarter. FMR LLC now owns 30,259 shares of the company’s stock valued at $2,543,000 after buying an additional 1,209 shares in the last quarter. Park Avenue Securities LLC bought a new stake in iShares Morningstar Growth ETF during the 4th quarter valued at about $241,000. Sanctuary Advisors LLC lifted its holdings in iShares Morningstar Growth ETF by 38.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 55,183 shares of the company’s stock valued at $4,926,000 after buying an additional 15,405 shares in the last quarter. Finally, GW Henssler & Associates Ltd. bought a new stake in iShares Morningstar Growth ETF during the 3rd quarter valued at about $402,000.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG opened at $93.51 on Friday. iShares Morningstar Growth ETF has a 1-year low of $70.48 and a 1-year high of $94.61. The company has a 50-day moving average of $91.77 and a 200 day moving average of $86.75. The firm has a market capitalization of $2.61 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.