iShares Morningstar Growth ETF $ILCG Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 17.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 356,945 shares of the company’s stock after purchasing an additional 52,684 shares during the period. Envestnet Asset Management Inc. owned 1.22% of iShares Morningstar Growth ETF worth $37,229,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Transce3nd LLC purchased a new stake in iShares Morningstar Growth ETF in the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the second quarter worth approximately $40,000. Spire Wealth Management purchased a new stake in iShares Morningstar Growth ETF in the third quarter valued at approximately $53,000. Cornerstone Planning Group LLC purchased a new stake in iShares Morningstar Growth ETF in the third quarter valued at approximately $64,000. Finally, Atwood & Palmer Inc. raised its stake in iShares Morningstar Growth ETF by 3,786.2% during the third quarter. Atwood & Palmer Inc. now owns 1,127 shares of the company’s stock worth $118,000 after purchasing an additional 1,098 shares during the period.

iShares Morningstar Growth ETF Stock Down 0.6%

Shares of ILCG opened at $102.71 on Wednesday. iShares Morningstar Growth ETF has a fifty-two week low of $69.47 and a fifty-two week high of $109.22. The company’s fifty day moving average is $104.29 and its two-hundred day moving average is $103.40. The firm has a market cap of $2.91 billion, a PE ratio of 38.10 and a beta of 1.16.

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.