IFP Advisors Inc Increases Stock Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

IFP Advisors Inc boosted its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 82.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,201 shares of the company’s stock after purchasing an additional 3,696 shares during the period. IFP Advisors Inc’s holdings in iShares Morningstar Growth ETF were worth $735,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ILCG. Focus Financial Network Inc. lifted its stake in shares of iShares Morningstar Growth ETF by 6.0% in the 3rd quarter. Focus Financial Network Inc. now owns 41,292 shares of the company’s stock valued at $3,470,000 after purchasing an additional 2,321 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in iShares Morningstar Growth ETF by 953.0% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 13,931 shares of the company’s stock valued at $1,171,000 after buying an additional 12,608 shares during the period. Mathes Company Inc. acquired a new position in iShares Morningstar Growth ETF in the third quarter valued at about $210,000. Key Financial Inc boosted its stake in iShares Morningstar Growth ETF by 12.2% during the third quarter. Key Financial Inc now owns 3,273 shares of the company’s stock worth $275,000 after buying an additional 355 shares during the period. Finally, White Pine Investment CO increased its position in shares of iShares Morningstar Growth ETF by 2.9% during the third quarter. White Pine Investment CO now owns 66,983 shares of the company’s stock valued at $5,629,000 after acquiring an additional 1,913 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

iShares Morningstar Growth ETF stock opened at $86.91 on Friday. The company’s 50 day simple moving average is $91.53 and its 200-day simple moving average is $87.64. iShares Morningstar Growth ETF has a 1 year low of $70.48 and a 1 year high of $94.61. The company has a market capitalization of $2.43 billion, a price-to-earnings 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.