Clearstead Trust LLC Reduces Stake in iShares Morningstar Growth ETF $ILCG

Clearstead Trust LLC decreased its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 1.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 487,160 shares of the company’s stock after selling 6,425 shares during the period. iShares Morningstar Growth ETF accounts for about 8.7% of Clearstead Trust LLC’s portfolio, making the stock its 2nd largest position. Clearstead Trust LLC owned 1.67% of iShares Morningstar Growth ETF worth $50,811,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Transce3nd LLC bought a new position in shares of iShares Morningstar Growth ETF during the second quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in iShares Morningstar Growth ETF during the 2nd quarter valued at $40,000. Spire Wealth Management bought a new stake in iShares Morningstar Growth ETF during the 3rd quarter valued at $53,000. Cornerstone Planning Group LLC purchased a new position in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at $64,000. Finally, Atwood & Palmer Inc. raised its position in shares of iShares Morningstar Growth ETF by 3,786.2% in the 3rd quarter. Atwood & Palmer Inc. now owns 1,127 shares of the company’s stock worth $118,000 after acquiring an additional 1,098 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

Shares of NYSEARCA ILCG opened at $102.17 on Monday. iShares Morningstar Growth ETF has a 1-year low of $69.47 and a 1-year high of $109.22. The business has a fifty day moving average price of $103.77 and a 200 day moving average price of $103.47. The stock has a market capitalization of $2.89 billion, a P/E ratio of 38.10 and a beta of 1.16.

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.