Money Concepts Capital Corp Acquires New Stake in iShares Morningstar Growth ETF $ILCG

Money Concepts Capital Corp bought a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 31,063 shares of the company’s stock, valued at approximately $3,633,000. Money Concepts Capital Corp owned approximately 0.11% of iShares Morningstar Growth ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in iShares Morningstar Growth ETF by 71.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock worth $119,558,000 after buying an additional 424,099 shares in the last quarter. Cetera Investment Advisers raised its position in shares of iShares Morningstar Growth ETF by 12.8% during the 1st quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock valued at $56,916,000 after buying an additional 67,654 shares in the last quarter. FAS Wealth Partners Inc. raised its position in shares of iShares Morningstar Growth ETF by 1.1% during the 1st quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock valued at $56,605,000 after buying an additional 6,217 shares in the last quarter. Clearstead Trust LLC raised its position in shares of iShares Morningstar Growth ETF by 12.5% during the 1st quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock valued at $53,265,000 after buying an additional 62,044 shares in the last quarter. Finally, B&D White Capital Company LLC bought a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter worth $49,731,000.

iShares Morningstar Growth ETF Stock Performance

Shares of NYSEARCA:ILCG opened at $108.87 on Friday. iShares Morningstar Growth ETF has a 52-week low of $91.26 and a 52-week high of $121.11. The firm has a fifty day moving average of $114.32 and a 200 day moving average of $110.55. The firm has a market capitalization of $3.00 billion, a PE ratio of 38.10 and a beta of 1.23.

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.