JPMorgan Chase & Co. Increases Stock Position in iShares Morningstar Growth ETF $ILCG

JPMorgan Chase & Co. grew its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 22.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 376,531 shares of the company’s stock after buying an additional 69,279 shares during the period. JPMorgan Chase & Co. owned 1.29% of iShares Morningstar Growth ETF worth $39,272,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FAS Wealth Partners Inc. lifted its position in iShares Morningstar Growth ETF by 2.3% during the 2nd quarter. FAS Wealth Partners Inc. now owns 598,563 shares of the company’s stock valued at $58,001,000 after acquiring an additional 13,236 shares during the period. Bank of America Corp DE grew its holdings in iShares Morningstar Growth ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 514,197 shares of the company’s stock worth $53,631,000 after purchasing an additional 41,280 shares during the period. B&D White Capital Company LLC increased its stake in shares of iShares Morningstar Growth ETF by 39.4% during the third quarter. B&D White Capital Company LLC now owns 485,997 shares of the company’s stock valued at $50,689,000 after purchasing an additional 137,302 shares in the last quarter. AdvisorShares Investments LLC bought a new position in shares of iShares Morningstar Growth ETF during the third quarter valued at approximately $41,913,000. Finally, UBS Group AG lifted its holdings in shares of iShares Morningstar Growth ETF by 21.2% during the third quarter. UBS Group AG now owns 366,690 shares of the company’s stock valued at $38,246,000 after purchasing an additional 64,105 shares during the last quarter.

iShares Morningstar Growth ETF Stock Down 2.1%

Shares of ILCG opened at $96.08 on Friday. The business’s 50 day moving average price is $102.11 and its 200-day moving average price is $103.40. iShares Morningstar Growth ETF has a 52 week low of $69.47 and a 52 week high of $109.22. The stock has a market cap of $2.72 billion, a P/E ratio of 38.10 and a beta of 1.16.

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.