Paragon Capital Management Ltd Reduces Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Paragon Capital Management Ltd cut its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,374 shares of the company’s stock after selling 165 shares during the period. Paragon Capital Management Ltd’s holdings in iShares Morningstar Growth ETF were worth $392,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Key Financial Inc grew its position in shares of iShares Morningstar Growth ETF by 12.2% in the 3rd quarter. Key Financial Inc now owns 3,273 shares of the company’s stock valued at $275,000 after buying an additional 355 shares during the last quarter. Global Retirement Partners LLC grew its position 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 buying an additional 393 shares during the last quarter. Sigma Planning Corp grew its position in shares of iShares Morningstar Growth ETF by 4.0% in the 3rd quarter. Sigma Planning Corp now owns 12,773 shares of the company’s stock valued at $1,073,000 after buying an additional 492 shares during the last quarter. Sunbelt Securities Inc. grew its position in shares of iShares Morningstar Growth ETF by 8.0% in the 2nd quarter. Sunbelt Securities Inc. now owns 6,804 shares of the company’s stock valued at $554,000 after buying an additional 503 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at $45,000.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $90.82 on Thursday. The firm’s fifty day moving average price is $90.65 and its 200 day moving average price is $85.19. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a 12 month low of $67.24 and a 12 month high of $93.81.

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.