Focus Financial Network Inc. Purchases 1,017 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Focus Financial Network Inc. raised its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,309 shares of the company’s stock after acquiring an additional 1,017 shares during the period. Focus Financial Network Inc.’s holdings in iShares Morningstar Growth ETF were worth $3,791,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ILCG. Strategic Financial Concepts LLC boosted its stake in shares of iShares Morningstar Growth ETF by 8,239.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 838,896 shares of the company’s stock valued at $75,165,000 after buying an additional 828,837 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Morningstar Growth ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock valued at $25,352,000 after buying an additional 15,527 shares during the period. MML Investors Services LLC boosted its stake in shares of iShares Morningstar Growth ETF by 6.6% in the third quarter. MML Investors Services LLC now owns 270,194 shares of the company’s stock valued at $22,707,000 after buying an additional 16,837 shares during the period. LongView Wealth Management boosted its stake in shares of iShares Morningstar Growth ETF by 3.8% in the fourth quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock valued at $12,784,000 after buying an additional 5,266 shares during the period. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of iShares Morningstar Growth ETF by 0.4% in the fourth quarter. Cornerstone Wealth Management LLC now owns 120,602 shares of the company’s stock valued at $10,806,000 after buying an additional 502 shares during the period.

iShares Morningstar Growth ETF Trading Up 1.0 %

Shares of ILCG stock opened at $93.00 on Tuesday. The stock has a market cap of $2.60 billion, a P/E ratio of 38.76 and a beta of 1.24. The stock has a 50 day simple moving average of $91.73 and a 200 day simple moving average of $86.47. iShares Morningstar Growth ETF has a 1 year low of $70.48 and a 1 year high of $94.61.

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.