XML Financial LLC Lowers Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

XML Financial LLC reduced its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 20.6% during the 4th quarter, HoldingsChannel reports. The firm owned 14,295 shares of the company’s stock after selling 3,720 shares during the period. XML Financial LLC’s holdings in iShares Morningstar Growth ETF were worth $1,281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ILCG. JPMorgan Chase & Co. boosted its stake in shares of iShares Morningstar Growth ETF by 5.4% during the third 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 in the last quarter. MML Investors Services LLC boosted its position in 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 acquiring an additional 16,837 shares in the last quarter. LongView Wealth Management increased its holdings in shares of iShares Morningstar Growth ETF by 3.8% in the 4th quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock valued at $12,784,000 after acquiring an additional 5,266 shares during the period. Cornerstone Wealth Management LLC raised its position in shares of iShares Morningstar Growth ETF by 4.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 120,100 shares of the company’s stock worth $10,093,000 after acquiring an additional 4,725 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its stake in shares of iShares Morningstar Growth ETF by 6.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 99,858 shares of the company’s stock worth $8,392,000 after purchasing an additional 6,223 shares during the last quarter.

iShares Morningstar Growth ETF Price Performance

ILCG opened at $93.91 on Thursday. The firm has a market capitalization of $2.62 billion, a PE ratio of 38.76 and a beta of 1.24. The business’s 50-day moving average is $90.91 and its two-hundred day moving average is $85.54. iShares Morningstar Growth ETF has a 1 year low of $69.37 and a 1 year high of $94.13.

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.