Investors Research Corp Buys 8,848 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Investors Research Corp raised its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 25.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 43,415 shares of the company’s stock after purchasing an additional 8,848 shares during the period. iShares Morningstar Growth ETF accounts for about 0.9% of Investors Research Corp’s investment portfolio, making the stock its 23rd biggest holding. Investors Research Corp owned approximately 0.16% of iShares Morningstar Growth ETF worth $3,890,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ILCG. Strategic Financial Concepts LLC increased its holdings in iShares Morningstar Growth ETF by 8,239.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 838,896 shares of the company’s stock worth $75,165,000 after acquiring an additional 828,837 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Morningstar Growth ETF in the fourth quarter worth $27,398,000. JPMorgan Chase & Co. raised its position in shares of iShares Morningstar Growth ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock valued at $25,352,000 after purchasing an additional 15,527 shares during the period. MML Investors Services LLC lifted its stake in shares of iShares Morningstar Growth ETF by 6.6% during the 3rd 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 in the last quarter. Finally, LongView Wealth Management boosted its holdings in iShares Morningstar Growth ETF by 3.8% in the 4th quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock worth $12,784,000 after buying an additional 5,266 shares during the period.

iShares Morningstar Growth ETF Stock Up 0.2 %

NYSEARCA:ILCG opened at $84.52 on Monday. The stock has a market cap of $2.32 billion, a PE ratio of 34.86 and a beta of 1.13. The business’s 50-day simple moving average is $90.78 and its two-hundred day simple moving average is $87.96. iShares Morningstar Growth ETF has a 52 week low of $70.48 and a 52 week 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.