30,463 Shares in iShares Morningstar Growth ETF $ILCG Purchased by GenWealth Group Inc.

GenWealth Group Inc. purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the third quarter, Holdings Channel reports. The institutional investor purchased 30,463 shares of the company’s stock, valued at approximately $3,563,000. iShares Morningstar Growth ETF comprises 0.6% of GenWealth Group Inc.’s investment portfolio, making the stock its 28th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in shares of iShares Morningstar Growth ETF by 71.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock worth $119,558,000 after purchasing an additional 424,099 shares during the last quarter. Cetera Investment Advisers boosted its holdings in iShares Morningstar Growth ETF by 12.8% in the 1st quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock worth $56,916,000 after buying an additional 67,654 shares during the last quarter. FAS Wealth Partners Inc. boosted its holdings in iShares Morningstar Growth ETF by 1.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock worth $56,605,000 after buying an additional 6,217 shares during the last quarter. Clearstead Trust LLC increased its stake in iShares Morningstar Growth ETF by 12.5% during the 1st quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock worth $53,265,000 after buying an additional 62,044 shares in the last quarter. Finally, GM Advisory Group LLC increased its stake in iShares Morningstar Growth ETF by 6.8% during the 1st quarter. GM Advisory Group LLC now owns 356,056 shares of the company’s stock worth $33,996,000 after buying an additional 22,811 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

Shares of iShares Morningstar Growth ETF stock opened at $113.04 on Friday. The business has a 50 day simple moving average of $116.24 and a two-hundred day simple moving average of $113.51. iShares Morningstar Growth ETF has a 12 month low of $91.26 and a 12 month high of $121.11. The stock has a market capitalization of $3.08 billion, a P/E ratio of 38.10 and a beta of 1.22.

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.