Silver Oak Securities Incorporated Purchases New Shares in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Silver Oak Securities Incorporated purchased a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,097 shares of the company’s stock, valued at approximately $1,275,000. Silver Oak Securities Incorporated owned approximately 0.05% of iShares Morningstar Growth ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in ILCG. Key Financial Inc increased its position in iShares Morningstar Growth ETF by 12.2% in the third quarter. Key Financial Inc now owns 3,273 shares of the company’s stock worth $275,000 after purchasing an additional 355 shares during the period. Global Retirement Partners LLC boosted its stake in shares of iShares Morningstar Growth ETF by 6.2% in the 3rd quarter. Global Retirement Partners LLC now owns 6,772 shares of the company’s stock valued at $569,000 after purchasing an additional 393 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC grew its position in shares of iShares Morningstar Growth ETF by 9.2% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 5,638 shares of the company’s stock worth $505,000 after buying an additional 474 shares during the period. Sigma Planning Corp raised its stake in shares of iShares Morningstar Growth ETF by 4.0% during the third quarter. Sigma Planning Corp now owns 12,773 shares of the company’s stock worth $1,073,000 after buying an additional 492 shares during the last quarter. Finally, Cornerstone Wealth Management LLC lifted its holdings in 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 Stock Performance

Shares of ILCG stock opened at $92.96 on Friday. The firm’s 50 day moving average price is $91.64 and its two-hundred day moving average price is $86.21. iShares Morningstar Growth ETF has a 52-week low of $70.48 and a 52-week high of $94.61. The stock has a market cap of $2.60 billion, a PE ratio of 38.76 and a beta of 1.24.

iShares Morningstar Growth ETF Company 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.