Private Advisor Group LLC Boosts Stake in iShares Morningstar Growth ETF $ILCG

Private Advisor Group LLC lifted its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 376.5% in the 3rd quarter, Holdings Channel reports. The fund owned 113,848 shares of the company’s stock after acquiring an additional 89,955 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Morningstar Growth ETF were worth $11,874,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ILCG. Parallel Advisors LLC bought a new stake in shares of iShares Morningstar Growth ETF during the third quarter valued at approximately $37,000. Orion Porfolio Solutions LLC bought a new position in iShares Morningstar Growth ETF in the third quarter worth $2,197,000. Caitlin John LLC purchased a new position in iShares Morningstar Growth ETF during the third quarter valued at $35,000. Citigroup Inc. lifted its position in iShares Morningstar Growth ETF by 19.6% during the third quarter. Citigroup Inc. now owns 40,344 shares of the company’s stock valued at $4,208,000 after buying an additional 6,617 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares Morningstar Growth ETF by 22.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock valued at $39,272,000 after buying an additional 69,279 shares in the last quarter.

iShares Morningstar Growth ETF Trading Down 0.1%

Shares of ILCG stock opened at $100.98 on Wednesday. The company’s fifty day moving average price is $103.07 and its 200-day moving average price is $103.52. The stock has a market cap of $2.86 billion, a PE ratio of 38.10 and a beta of 1.16. iShares Morningstar Growth ETF has a 12 month low of $69.47 and a 12 month high of $109.22.

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.