iShares Morningstar Growth ETF $ILCG Position Raised by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC raised its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 271.5% during the fourth quarter, HoldingsChannel reports. The firm owned 42,306 shares of the company’s stock after buying an additional 30,919 shares during the quarter. iShares Morningstar Growth ETF accounts for 4.0% of Strategic Financial Concepts LLC’s holdings, making the stock its 2nd biggest position. Strategic Financial Concepts LLC’s holdings in iShares Morningstar Growth ETF were worth $4,402,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Assetmark Inc. increased its position in shares of iShares Morningstar Growth ETF by 60.9% in the 3rd quarter. Assetmark Inc. now owns 16,028 shares of the company’s stock valued at $1,672,000 after purchasing an additional 6,068 shares during the last quarter. Invested Advisors purchased a new stake in shares of iShares Morningstar Growth ETF in the 4th quarter valued at approximately $581,000. Citigroup Inc. increased its position in shares of iShares Morningstar Growth ETF by 19.6% in the 3rd quarter. Citigroup Inc. now owns 40,344 shares of the company’s stock valued at $4,208,000 after purchasing an additional 6,617 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Morningstar Growth ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock valued at $39,272,000 after purchasing an additional 69,279 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of iShares Morningstar Growth ETF by 949.7% in the 4th quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock valued at $8,265,000 after purchasing an additional 71,870 shares during the last quarter.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $115.59 on Friday. The firm’s fifty day moving average price is $105.27 and its 200 day moving average price is $104.10. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 12 month low of $88.66 and a 12 month high of $117.43.

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.