LongView Wealth Management Buys 17,823 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

LongView Wealth Management raised its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 18.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,187 shares of the company’s stock after buying an additional 17,823 shares during the period. iShares Morningstar Growth ETF accounts for 3.4% of LongView Wealth Management’s holdings, making the stock its 5th largest holding. LongView Wealth Management owned approximately 0.40% of iShares Morningstar Growth ETF worth $8,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in ILCG. Kestra Advisory Services LLC raised its stake in iShares Morningstar Growth ETF by 5.0% during the third quarter. Kestra Advisory Services LLC now owns 4,476 shares of the company’s stock worth $267,000 after buying an additional 213 shares during the last quarter. Mariner LLC raised its stake in iShares Morningstar Growth ETF by 7.5% during the third quarter. Mariner LLC now owns 72,501 shares of the company’s stock worth $4,325,000 after buying an additional 5,033 shares during the last quarter. Stifel Financial Corp raised its stake in iShares Morningstar Growth ETF by 12.9% during the third quarter. Stifel Financial Corp now owns 54,440 shares of the company’s stock worth $3,247,000 after buying an additional 6,240 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in iShares Morningstar Growth ETF by 8.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 4,427 shares of the company’s stock worth $264,000 after buying an additional 353 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new stake in iShares Morningstar Growth ETF in the third quarter valued at $502,000.

iShares Morningstar Growth ETF Stock Down 0.9 %

ILCG traded down $0.70 during midday trading on Friday, hitting $81.41. The company had a trading volume of 33,326 shares, compared to its average volume of 72,782. iShares Morningstar Growth ETF has a 52 week low of $57.26 and a 52 week high of $82.74. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. The stock’s 50 day moving average price is $77.18 and its 200 day moving average price is $73.54.

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.