Marietta Wealth Management LLC Has $4.48 Million Stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Marietta Wealth Management LLC raised its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 66,123 shares of the company’s stock after purchasing an additional 584 shares during the quarter. Marietta Wealth Management LLC’s holdings in iShares Morningstar Growth ETF were worth $4,484,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in ILCG. Legacy Financial Group LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter worth $37,000. Russell Investments Group Ltd. bought a new stake in shares of iShares Morningstar Growth ETF during the 2nd quarter worth approximately $40,000. Impact Partnership Wealth LLC boosted its position in shares of iShares Morningstar Growth ETF by 518.8% during the 3rd quarter. Impact Partnership Wealth LLC now owns 953 shares of the company’s stock worth $57,000 after acquiring an additional 799 shares in the last quarter. Sheets Smith Wealth Management bought a new position in iShares Morningstar Growth ETF in the third quarter valued at approximately $70,000. Finally, Fortis Capital Advisors LLC acquired a new position in iShares Morningstar Growth ETF during the fourth quarter valued at approximately $73,000.

iShares Morningstar Growth ETF Stock Up 0.1 %

Shares of ILCG traded up $0.07 during midday trading on Tuesday, hitting $73.39. The company’s stock had a trading volume of 31,892 shares, compared to its average volume of 63,341. iShares Morningstar Growth ETF has a one year low of $54.14 and a one year high of $76.38. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 31.67 and a beta of 1.07. The company’s fifty day simple moving average is $74.27 and its two-hundred day simple moving average is $68.16.

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.