SK Wealth Management LLC Takes Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

SK Wealth Management LLC bought a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,835 shares of the company’s stock, valued at approximately $442,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Larson Financial Group LLC acquired a new position in iShares Morningstar Growth ETF in the second quarter valued at $41,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the 3rd quarter worth approximately $45,000. Mathes Company Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the third quarter valued at approximately $210,000. Key Financial Inc boosted its stake in shares of iShares Morningstar Growth ETF by 12.2% during the third quarter. Key Financial Inc now owns 3,273 shares of the company’s stock valued at $275,000 after acquiring an additional 355 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in shares of iShares Morningstar Growth ETF by 28.0% during the third quarter. Assetmark Inc. now owns 3,552 shares of the company’s stock valued at $299,000 after buying an additional 778 shares during the period.

iShares Morningstar Growth ETF Stock Down 0.5 %

Shares of ILCG traded down $0.45 during mid-day trading on Monday, hitting $91.01. The company had a trading volume of 501,902 shares, compared to its average volume of 83,595. iShares Morningstar Growth ETF has a 1-year low of $65.61 and a 1-year high of $93.81. The business’s 50-day simple moving average is $89.58 and its 200-day simple moving average is $84.47. The stock has a market cap of $2.54 billion, a PE ratio of 38.76 and a beta of 1.24.

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.