iShares Morningstar Growth ETF $ILCG Shares Sold by Sunburst Financial Group LLC

Sunburst Financial Group LLC lowered its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 8.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,409 shares of the company’s stock after selling 5,129 shares during the quarter. iShares Morningstar Growth ETF makes up about 1.2% of Sunburst Financial Group LLC’s holdings, making the stock its 18th biggest position. Sunburst Financial Group LLC owned 0.19% of iShares Morningstar Growth ETF worth $5,883,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of ILCG. Laurel Wealth Advisors LLC grew its position in shares of iShares Morningstar Growth ETF by 9,590.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 251,940 shares of the company’s stock valued at $24,413,000 after buying an additional 249,340 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Morningstar Growth ETF by 191.4% in the second quarter. Envestnet Asset Management Inc. now owns 304,261 shares of the company’s stock valued at $29,483,000 after acquiring an additional 199,835 shares during the last quarter. Goodman Advisory Group LLC acquired a new position in iShares Morningstar Growth ETF in the second quarter valued at $17,925,000. GM Advisory Group LLC boosted its stake in iShares Morningstar Growth ETF by 182.2% in the second quarter. GM Advisory Group LLC now owns 246,525 shares of the company’s stock valued at $23,888,000 after acquiring an additional 159,159 shares in the last quarter. Finally, Trinity Wealth Management LLC purchased a new position in shares of iShares Morningstar Growth ETF during the third quarter worth about $6,640,000.

iShares Morningstar Growth ETF Stock Performance

ILCG opened at $105.61 on Friday. iShares Morningstar Growth ETF has a one year low of $69.47 and a one year high of $109.22. The stock has a market capitalization of $3.08 billion, a P/E ratio of 38.10 and a beta of 1.16. The business’s 50-day simple moving average is $104.44 and its 200-day simple moving average is $101.54.

About iShares Morningstar Growth ETF

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.