GM Advisory Group LLC Purchases 7,078 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

GM Advisory Group LLC lifted its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 64.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,133 shares of the company’s stock after purchasing an additional 7,078 shares during the quarter. GM Advisory Group LLC owned 0.06% of iShares Morningstar Growth ETF worth $1,625,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ILCG. Strategic Financial Concepts LLC grew its holdings in shares of 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 purchasing an additional 828,837 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares Morningstar Growth ETF in the 4th quarter worth about $27,398,000. Atria Investments Inc bought a new stake in shares of iShares Morningstar Growth ETF in the 4th quarter worth about $4,552,000. Atria Wealth Solutions Inc. grew its holdings in shares of iShares Morningstar Growth ETF by 123.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 68,648 shares of the company’s stock worth $6,151,000 after purchasing an additional 37,908 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares Morningstar Growth ETF in the 4th quarter worth about $3,391,000.

iShares Morningstar Growth ETF Stock Down 1.9 %

Shares of NYSEARCA ILCG opened at $81.73 on Wednesday. The firm’s 50-day simple moving average is $89.59 and its 200 day simple moving average is $87.98. The company has a market cap of $2.24 billion, a price-to-earnings 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 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.