iShares Morningstar Growth ETF $ILCG Shares Sold by Ipsen Advisor Group LLC

Ipsen Advisor Group LLC trimmed its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 53,924 shares of the company’s stock after selling 13,864 shares during the period. iShares Morningstar Growth ETF comprises about 4.0% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 6th largest holding. Ipsen Advisor Group LLC owned about 0.19% of iShares Morningstar Growth ETF worth $5,610,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ILCG. Caitlin John LLC acquired a new position in iShares Morningstar Growth ETF in the third quarter valued at about $35,000. Parallel Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF during the third quarter worth about $37,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares Morningstar Growth ETF during the fourth quarter worth about $56,000. Spire Wealth Management grew its holdings in shares of iShares Morningstar Growth ETF by 23.8% during the fourth quarter. Spire Wealth Management now owns 630 shares of the company’s stock worth $66,000 after buying an additional 121 shares in the last quarter. Finally, Wealth Watch Advisors INC bought a new position in shares of iShares Morningstar Growth ETF during the third quarter worth about $107,000.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA:ILCG opened at $113.96 on Friday. The company has a market cap of $3.03 billion, a PE ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 52-week low of $91.26 and a 52-week high of $120.57. The stock has a 50-day simple moving average of $109.23 and a 200 day simple moving average of $104.99.

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.