Belpointe Asset Management LLC Purchases New Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Belpointe Asset Management LLC purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Rating) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 1,500 shares of the company’s stock, valued at approximately $73,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in shares of iShares Morningstar Growth ETF by 20.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 311,275 shares of the company’s stock worth $15,152,000 after purchasing an additional 52,946 shares in the last quarter. Goldstein Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $473,000. Prime Capital Investment Advisors LLC grew its position in shares of iShares Morningstar Growth ETF by 0.6% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 71,114 shares of the company’s stock worth $3,462,000 after purchasing an additional 441 shares in the last quarter. Annex Advisory Services LLC bought a new stake in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $201,000. Finally, Kovack Advisors Inc. lifted its holdings in shares of iShares Morningstar Growth ETF by 0.7% during the 3rd quarter. Kovack Advisors Inc. now owns 31,168 shares of the company’s stock worth $1,504,000 after acquiring an additional 221 shares during the period.

iShares Morningstar Growth ETF Trading Down 0.2 %

Shares of iShares Morningstar Growth ETF stock opened at $57.46 on Monday. The company has a 50 day moving average of $54.85 and a 200-day moving average of $52.54. iShares Morningstar Growth ETF has a 1-year low of $45.97 and a 1-year high of $59.78. The company has a market cap of $1.65 billion, a PE ratio of 27.17 and a beta of 1.07.

iShares Morningstar Growth ETF Profile

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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.