Evanson Asset Management LLC Makes New Investment in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Evanson Asset Management LLC purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,100 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds have also recently bought and sold shares of the company. Clearstead Advisors LLC purchased a new stake in shares of iShares Morningstar Growth ETF during the third quarter valued at approximately $36,629,000. Morgan Stanley grew its position in shares of iShares Morningstar Growth ETF by 12.9% during the third quarter. Morgan Stanley now owns 1,346,270 shares of the company’s stock worth $80,305,000 after acquiring an additional 153,416 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of iShares Morningstar Growth ETF by 766.2% during the third quarter. Jane Street Group LLC now owns 162,178 shares of the company’s stock valued at $7,827,000 after buying an additional 143,454 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new position in iShares Morningstar Growth ETF during the 1st quarter worth $6,497,000. Finally, CI Private Wealth LLC acquired a new stake in shares of iShares Morningstar Growth ETF in the 4th quarter worth approximately $161,000.

iShares Morningstar Growth ETF Trading Down 0.2 %

NYSEARCA:ILCG traded down $0.15 during mid-day trading on Thursday, reaching $75.48. 68,423 shares of the stock were exchanged, compared to its average volume of 58,989. The firm has a market capitalization of $2.14 billion, a PE ratio of 31.67 and a beta of 1.07. The business has a fifty day moving average price of $73.05 and a 200 day moving average price of $66.86. iShares Morningstar Growth ETF has a 1-year low of $53.63 and a 1-year high of $76.38.

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.