LPL Financial LLC Acquires 162,468 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

LPL Financial LLC grew its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 12.9% in the 4th quarter, HoldingsChannel reports. The firm owned 1,418,807 shares of the company’s stock after buying an additional 162,468 shares during the quarter. LPL Financial LLC owned about 0.05% of iShares Morningstar Growth ETF worth $127,125,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. GM Advisory Group LLC increased its holdings in iShares Morningstar Growth ETF by 64.0% during the fourth quarter. GM Advisory Group LLC now owns 18,133 shares of the company’s stock valued at $1,625,000 after buying an additional 7,078 shares during the period. Thrivent Financial for Lutherans bought a new stake in iShares Morningstar Growth ETF during the 4th quarter valued at $251,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Morningstar Growth ETF by 9.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 15,230 shares of the company’s stock valued at $1,365,000 after acquiring an additional 1,299 shares during the period. GWN Securities Inc. bought a new position in shares of iShares Morningstar Growth ETF in the 4th quarter worth $332,000. Finally, Corient Private Wealth LLC lifted its stake in shares of iShares Morningstar Growth ETF by 16.5% during the 4th quarter. Corient Private Wealth LLC now owns 119,672 shares of the company’s stock worth $10,723,000 after purchasing an additional 16,954 shares during the last quarter.

iShares Morningstar Growth ETF Price Performance

ILCG opened at $85.23 on Tuesday. The firm has a market capitalization of $2.31 billion, a PE ratio of 32.45 and a beta of 1.13. The business’s 50-day moving average is $89.09 and its two-hundred day moving average is $88.08. iShares Morningstar Growth ETF has a 1 year low of $70.48 and a 1 year 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.