New Insight Wealth Advisors Takes Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

New Insight Wealth Advisors purchased a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 5,085 shares of the company’s stock, valued at approximately $456,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares Morningstar Growth ETF in the fourth quarter valued at $39,000. MidAtlantic Capital Management Inc. bought a new stake in iShares Morningstar Growth ETF in the third quarter valued at about $45,000. Synergy Investment Management LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the 4th quarter valued at approximately $140,000. McCarthy & Cox acquired a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth $202,000. Finally, Elevation Capital Advisory LLC acquired a new stake in iShares Morningstar Growth ETF during the fourth quarter worth about $208,000.

iShares Morningstar Growth ETF Trading Up 0.2 %

Shares of NYSEARCA ILCG opened at $84.52 on Monday. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 34.86 and a beta of 1.13. iShares Morningstar Growth ETF has a 12-month low of $70.48 and a 12-month high of $94.61. The stock’s 50 day simple moving average is $90.78 and its 200 day simple moving average is $87.96.

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.