iShares Morningstar Growth ETF (NYSEARCA:ILCG) Stake Increased by Madison Wealth Partners Inc

Madison Wealth Partners Inc increased its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 1.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 45,255 shares of the company’s stock after acquiring an additional 572 shares during the quarter. iShares Morningstar Growth ETF accounts for about 1.1% of Madison Wealth Partners Inc’s portfolio, making the stock its 18th largest position. Madison Wealth Partners Inc’s holdings in iShares Morningstar Growth ETF were worth $4,055,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. J.W. Cole Advisors Inc. increased its stake in shares of iShares Morningstar Growth ETF by 3.6% in the fourth quarter. J.W. Cole Advisors Inc. now owns 3,646 shares of the company’s stock worth $327,000 after buying an additional 125 shares during the last quarter. Kovack Advisors Inc. increased its stake in shares of iShares Morningstar Growth ETF by 3.1% in the fourth quarter. Kovack Advisors Inc. now owns 5,059 shares of the company’s stock worth $453,000 after buying an additional 150 shares during the last quarter. Summit X LLC increased its stake in shares of iShares Morningstar Growth ETF by 5.6% in the fourth quarter. Summit X LLC now owns 2,902 shares of the company’s stock worth $260,000 after buying an additional 154 shares during the last quarter. Key Financial Inc increased its stake in shares of iShares Morningstar Growth ETF by 7.4% in the fourth quarter. Key Financial Inc now owns 3,514 shares of the company’s stock worth $315,000 after buying an additional 241 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of iShares Morningstar Growth ETF by 0.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 60,990 shares of the company’s stock worth $5,465,000 after buying an additional 304 shares during the last quarter.

iShares Morningstar Growth ETF Trading Up 1.5 %

Shares of NYSEARCA:ILCG opened at $82.49 on Thursday. The company has a fifty day simple moving average of $90.29 and a 200 day simple moving average of $87.91. The firm has a market cap of $2.26 billion, a PE ratio of 34.86 and a beta of 1.13. iShares Morningstar Growth ETF has a 12-month low of $70.48 and a 12-month high of $94.61.

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.