Fmr LLC Increases Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Fmr LLC grew its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 4.2% during the third quarter, HoldingsChannel reports. The fund owned 30,259 shares of the company’s stock after acquiring an additional 1,209 shares during the quarter. Fmr LLC’s holdings in iShares Morningstar Growth ETF were worth $2,543,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates boosted its position in shares of iShares Morningstar Growth ETF by 12.4% in the 2nd quarter. Raymond James & Associates now owns 99,945 shares of the company’s stock worth $8,137,000 after purchasing an additional 11,036 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of iShares Morningstar Growth ETF by 56.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock worth $24,038,000 after purchasing an additional 106,146 shares in the last quarter. LongView Wealth Management boosted its position in shares of iShares Morningstar Growth ETF by 10.3% in the 2nd quarter. LongView Wealth Management now owns 123,747 shares of the company’s stock worth $10,074,000 after purchasing an additional 11,560 shares in the last quarter. White Pine Investment CO boosted its position in shares of iShares Morningstar Growth ETF by 0.7% in the 2nd quarter. White Pine Investment CO now owns 65,070 shares of the company’s stock worth $5,297,000 after purchasing an additional 460 shares in the last quarter. Finally, Pineridge Advisors LLC acquired a new stake in shares of iShares Morningstar Growth ETF in the 2nd quarter worth $25,000.

iShares Morningstar Growth ETF Price Performance

iShares Morningstar Growth ETF stock opened at $92.81 on Friday. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a 1-year low of $65.61 and a 1-year high of $93.55. The business has a fifty day moving average price of $88.19 and a 200-day moving average price of $83.46.

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.