Evanson Asset Management LLC Buys New Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Evanson Asset Management LLC purchased a new position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,100 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Morgan Stanley boosted its stake in iShares Morningstar Growth ETF by 12.9% during the third quarter. Morgan Stanley now owns 1,346,270 shares of the company’s stock valued at $80,305,000 after buying an additional 153,416 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Morningstar Growth ETF by 0.6% in the 3rd quarter. LPL Financial LLC now owns 1,138,571 shares of the company’s stock valued at $67,916,000 after purchasing an additional 6,509 shares during the last quarter. Clearstead Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at approximately $36,629,000. UBS Group AG lifted its position in iShares Morningstar Growth ETF by 2.2% in the first quarter. UBS Group AG now owns 402,465 shares of the company’s stock worth $26,160,000 after buying an additional 8,478 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in iShares Morningstar Growth ETF by 6.6% during the third quarter. Commonwealth Equity Services LLC now owns 377,964 shares of the company’s stock valued at $22,546,000 after acquiring an additional 23,336 shares during the last quarter.

iShares Morningstar Growth ETF Trading Down 0.2 %

Shares of ILCG stock traded down $0.15 on Thursday, reaching $75.48. 68,423 shares of the company’s stock were exchanged, compared to its average volume of 58,989. The company’s fifty day simple moving average is $73.05 and its 200 day simple moving average is $66.86. iShares Morningstar Growth ETF has a 52 week low of $53.63 and a 52 week high of $76.38. The stock has a market capitalization of $2.14 billion, a PE ratio of 31.67 and a beta of 1.07.

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.