NBC Securities Inc. Makes New Investment in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

NBC Securities Inc. acquired a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 550 shares of the company’s stock, valued at approximately $44,000.

A number of other large investors also recently bought and sold shares of the company. JGP Wealth Management LLC increased its holdings in shares of iShares Morningstar Growth ETF by 17.6% in the 1st quarter. JGP Wealth Management LLC now owns 2,949 shares of the company’s stock valued at $239,000 after purchasing an additional 442 shares in the last quarter. Bowman & Co S.C. increased its holdings in shares of iShares Morningstar Growth ETF by 15.4% in the 1st quarter. Bowman & Co S.C. now owns 7,544 shares of the company’s stock valued at $611,000 after purchasing an additional 1,004 shares in the last quarter. Investors Research Corp increased its holdings in shares of iShares Morningstar Growth ETF by 27.1% in the 1st quarter. Investors Research Corp now owns 55,170 shares of the company’s stock valued at $4,468,000 after purchasing an additional 11,755 shares in the last quarter. Fulcrum Equity Management purchased a new position in shares of iShares Morningstar Growth ETF in the 4th quarter valued at about $849,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in iShares Morningstar Growth ETF by 6.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 97,017 shares of the company’s stock valued at $8,693,000 after acquiring an additional 6,288 shares in the last quarter.

iShares Morningstar Growth ETF Trading Up 0.4%

NYSEARCA:ILCG opened at $93.61 on Friday. The firm has a 50-day moving average price of $85.58 and a two-hundred day moving average price of $87.81. iShares Morningstar Growth ETF has a twelve month low of $69.47 and a twelve month high of $94.61. The company has a market capitalization of $2.60 billion, a P/E ratio of 33.22 and a beta of 1.18.

About iShares Morningstar Growth ETF

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.