Northwest Wealth Advisors LLC Takes Position in iShares Morningstar Growth ETF $ILCG

Northwest Wealth Advisors LLC purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the fourth quarter, Holdings Channel reports. The fund purchased 37,051 shares of the company’s stock, valued at approximately $3,855,000. iShares Morningstar Growth ETF comprises 3.0% of Northwest Wealth Advisors LLC’s portfolio, making the stock its 11th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew 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 purchasing an additional 712,505 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Morningstar Growth ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 514,197 shares of the company’s stock valued at $53,631,000 after purchasing an additional 41,280 shares in the last quarter. AdvisorShares Investments LLC acquired a new position in shares of iShares Morningstar Growth ETF in the third quarter valued at approximately $41,913,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Morningstar Growth ETF by 22.5% in the third quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock valued at $39,272,000 after purchasing an additional 69,279 shares in the last quarter. Finally, UBS Group AG grew its holdings in shares of iShares Morningstar Growth ETF by 21.2% in the third quarter. UBS Group AG now owns 366,690 shares of the company’s stock valued at $38,246,000 after purchasing an additional 64,105 shares in the last quarter.

iShares Morningstar Growth ETF Stock Performance

Shares of ILCG stock opened at $115.42 on Friday. The stock has a market capitalization of $3.07 billion, a P/E ratio of 38.10 and a beta of 1.22. The company has a 50 day moving average price of $104.98 and a 200 day moving average price of $104.01. iShares Morningstar Growth ETF has a fifty-two week low of $88.66 and a fifty-two week high of $117.43.

iShares Morningstar Growth ETF Company 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.