Adell Harriman & Carpenter Inc. Sells 500 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Adell Harriman & Carpenter Inc. decreased its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,270 shares of the company’s stock after selling 500 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in iShares Morningstar Growth ETF were worth $2,189,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Legacy Financial Group LLC bought a new position in iShares Morningstar Growth ETF in the third quarter valued at about $37,000. Sheets Smith Wealth Management bought a new position in iShares Morningstar Growth ETF in the third quarter valued at about $70,000. Creative Financial Designs Inc. ADV boosted its holdings in iShares Morningstar Growth ETF by 24.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,635 shares of the company’s stock valued at $111,000 after acquiring an additional 316 shares during the last quarter. Investors Research Corp acquired a new position in iShares Morningstar Growth ETF in the third quarter valued at about $133,000. Finally, Harbor Investment Advisory LLC lifted its stake in iShares Morningstar Growth ETF by 6.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,550 shares of the company’s stock valued at $173,000 after buying an additional 150 shares during the period.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA:ILCG traded up $0.24 during mid-day trading on Monday, hitting $73.72. The company had a trading volume of 600,565 shares, compared to its average volume of 71,739. iShares Morningstar Growth ETF has a fifty-two week low of $54.68 and a fifty-two week high of $76.38. The business’s fifty day moving average is $74.18 and its two-hundred day moving average is $68.92. The firm has a market cap of $2.06 billion, a P/E ratio of 36.44 and a beta of 1.21.

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.