iShares Morningstar Growth ETF (NYSEARCA:ILCG) Stake Raised by Marietta Wealth Management LLC

Marietta Wealth Management LLC grew its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,207 shares of the company’s stock after purchasing an additional 786 shares during the period. Marietta Wealth Management LLC owned approximately 0.23% of iShares Morningstar Growth ETF worth $5,480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in ILCG. Strategic Financial Concepts LLC grew its position in iShares Morningstar Growth ETF by 1,453.5% in the second quarter. Strategic Financial Concepts LLC now owns 853,847 shares of the company’s stock worth $695,000 after buying an additional 798,883 shares during the last quarter. AdvisorShares Investments LLC purchased a new stake in shares of iShares Morningstar Growth ETF during the second quarter valued at $40,618,000. Private Advisor Group LLC boosted its position in shares of iShares Morningstar Growth ETF by 394.9% in the 2nd quarter. Private Advisor Group LLC now owns 136,803 shares of the company’s stock valued at $11,137,000 after purchasing an additional 109,161 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares Morningstar Growth ETF by 56.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock valued at $24,038,000 after purchasing an additional 106,146 shares during the period. Finally, LPL Financial LLC increased its stake in iShares Morningstar Growth ETF by 7.8% in the 2nd quarter. LPL Financial LLC now owns 1,361,772 shares of the company’s stock worth $110,862,000 after purchasing an additional 98,743 shares in the last quarter.

iShares Morningstar Growth ETF Stock Performance

ILCG stock opened at $86.33 on Wednesday. iShares Morningstar Growth ETF has a one year low of $57.26 and a one year high of $86.50. The firm has a 50-day moving average of $82.53 and a two-hundred day moving average of $79.62. The firm has a market capitalization of $2.41 billion, a PE ratio of 38.76 and a beta of 1.24.

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.