Cedar Point Capital Partners LLC Decreases Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Cedar Point Capital Partners LLC lowered its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 2.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 9,905 shares of the company’s stock after selling 203 shares during the period. Cedar Point Capital Partners LLC’s holdings in iShares Morningstar Growth ETF were worth $832,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC boosted its holdings in shares of iShares Morningstar Growth ETF by 1,453.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 853,847 shares of the company’s stock worth $695,000 after purchasing an additional 798,883 shares during the period. AdvisorShares Investments LLC bought a new position in iShares Morningstar Growth ETF during the second quarter valued at $40,618,000. Private Advisor Group LLC raised its stake in shares of iShares Morningstar Growth ETF by 394.9% in the second quarter. Private Advisor Group LLC now owns 136,803 shares of the company’s stock valued at $11,137,000 after acquiring an additional 109,161 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares Morningstar Growth ETF by 56.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock worth $24,038,000 after acquiring an additional 106,146 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of iShares Morningstar Growth ETF by 7.8% in the 2nd quarter. LPL Financial LLC now owns 1,361,772 shares of the company’s stock worth $110,862,000 after acquiring an additional 98,743 shares during the last quarter.

iShares Morningstar Growth ETF Price Performance

iShares Morningstar Growth ETF stock opened at $84.63 on Friday. The firm has a market capitalization of $2.37 billion, a P/E ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a 1-year low of $60.07 and a 1-year high of $87.05. The company’s 50-day moving average is $83.32 and its 200 day moving average is $80.27.

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.