iShares Morningstar Growth ETF $ILCG Stock Holdings Lessened by HighTower Advisors LLC

HighTower Advisors LLC trimmed its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 14.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,138 shares of the company’s stock after selling 3,475 shares during the quarter. HighTower Advisors LLC owned 0.08% of iShares Morningstar Growth ETF worth $1,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Clearstead Trust LLC lifted its position in shares of iShares Morningstar Growth ETF by 4.9% in the first quarter. Clearstead Trust LLC now owns 506,592 shares of the company’s stock worth $41,029,000 after purchasing an additional 23,566 shares in the last quarter. McKinley Carter Wealth Services Inc. purchased a new stake in shares of iShares Morningstar Growth ETF in the first quarter worth approximately $37,194,000. Commonwealth Equity Services LLC lifted its position in shares of iShares Morningstar Growth ETF by 1.4% in the first quarter. Commonwealth Equity Services LLC now owns 425,461 shares of the company’s stock worth $34,458,000 after purchasing an additional 5,835 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Morningstar Growth ETF by 4.8% in the fourth quarter. Ameriprise Financial Inc. now owns 357,235 shares of the company’s stock worth $32,042,000 after purchasing an additional 16,226 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in iShares Morningstar Growth ETF by 117.0% during the fourth quarter. Cetera Investment Advisers now owns 164,420 shares of the company’s stock valued at $14,732,000 after acquiring an additional 88,641 shares in the last quarter.

iShares Morningstar Growth ETF Stock Performance

Shares of ILCG opened at $100.42 on Monday. The firm has a market cap of $2.88 billion, a PE ratio of 38.10 and a beta of 1.07. The firm’s 50 day moving average price is $98.08 and its 200 day moving average price is $90.05. iShares Morningstar Growth ETF has a twelve month low of $69.47 and a twelve month high of $102.26.

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.