Flagstar Advisors Inc. Decreases Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Flagstar Advisors Inc. lessened its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,220 shares of the company’s stock after selling 206 shares during the quarter. Flagstar Advisors Inc.’s holdings in iShares Morningstar Growth ETF were worth $468,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its holdings in iShares Morningstar Growth ETF by 8,239.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 838,896 shares of the company’s stock worth $75,165,000 after acquiring an additional 828,837 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Morningstar Growth ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock worth $25,352,000 after acquiring an additional 15,527 shares during the last quarter. MML Investors Services LLC grew its holdings in iShares Morningstar Growth ETF by 6.6% in the 3rd quarter. MML Investors Services LLC now owns 270,194 shares of the company’s stock worth $22,707,000 after acquiring an additional 16,837 shares during the last quarter. LongView Wealth Management boosted its stake in shares of iShares Morningstar Growth ETF by 3.8% during the 4th quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock valued at $12,784,000 after purchasing an additional 5,266 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of iShares Morningstar Growth ETF by 0.4% during the 4th quarter. Cornerstone Wealth Management LLC now owns 120,602 shares of the company’s stock valued at $10,806,000 after purchasing an additional 502 shares in the last quarter.

iShares Morningstar Growth ETF Trading Up 0.1 %

Shares of ILCG opened at $93.55 on Thursday. The firm’s 50-day moving average price is $91.82 and its 200-day moving average price is $87.13. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a 1-year low of $70.48 and a 1-year high of $94.61.

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.