iShares Morningstar Growth ETF $ILCG Stock Holdings Raised by Ipsen Advisor Group LLC

Ipsen Advisor Group LLC grew its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,347 shares of the company’s stock after purchasing an additional 2,043 shares during the period. iShares Morningstar Growth ETF comprises approximately 5.0% of Ipsen Advisor Group LLC’s holdings, making the stock its 3rd largest holding. Ipsen Advisor Group LLC owned approximately 0.24% of iShares Morningstar Growth ETF worth $6,623,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Cheviot Value Management LLC purchased a new position in shares of iShares Morningstar Growth ETF in the first quarter worth about $39,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the second quarter worth $40,000. Signaturefd LLC acquired a new position in iShares Morningstar Growth ETF during the second quarter valued at $66,000. Costello Asset Management INC purchased a new stake in iShares Morningstar Growth ETF in the first quarter valued at $110,000. Finally, Avalon Trust Co purchased a new position in shares of iShares Morningstar Growth ETF during the 1st quarter valued at about $117,000.

iShares Morningstar Growth ETF Stock Down 1.9%

Shares of ILCG opened at $103.84 on Friday. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 38.10 and a beta of 1.16. iShares Morningstar Growth ETF has a 52 week low of $69.47 and a 52 week high of $109.22. The stock’s 50-day moving average price is $103.96 and its 200-day moving average price is $97.40.

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.