International Assets Investment Management LLC Makes New Investment in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

International Assets Investment Management LLC purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,316 shares of the company’s stock, valued at approximately $297,000.

Several other large investors have also modified their holdings of ILCG. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the third quarter valued at 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 grew its position in shares of iShares Morningstar Growth ETF by 12.2% in the third quarter. Key Financial Inc now owns 3,273 shares of the company’s stock valued at $275,000 after purchasing an additional 355 shares during the last quarter. Assetmark Inc. grew its position in shares of iShares Morningstar Growth ETF by 28.0% in the third quarter. Assetmark Inc. now owns 3,552 shares of the company’s stock valued at $299,000 after purchasing an additional 778 shares during the last quarter. Finally, Opinicus Capital Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the third quarter valued at approximately $324,000.

iShares Morningstar Growth ETF Price Performance

ILCG stock opened at $89.25 on Monday. iShares Morningstar Growth ETF has a 12 month low of $67.24 and a 12 month high of $93.81. The company’s 50 day simple moving average is $90.50 and its 200-day simple moving average is $85.09. The firm has a market capitalization of $2.49 billion, a PE ratio of 38.76 and a beta of 1.24.

iShares Morningstar Growth ETF 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.