Captrust Financial Advisors Grows Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Captrust Financial Advisors grew its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 4.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 84,931 shares of the company’s stock after purchasing an additional 3,752 shares during the period. Captrust Financial Advisors owned approximately 0.30% of iShares Morningstar Growth ETF worth $7,610,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its holdings in iShares Morningstar Growth ETF by 8,239.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 838,896 shares of the company’s stock worth $75,165,000 after buying an additional 828,837 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $27,398,000. LPL Financial LLC grew its holdings in shares of iShares Morningstar Growth ETF by 12.9% in the 4th quarter. LPL Financial LLC now owns 1,418,807 shares of the company’s stock worth $127,125,000 after acquiring an additional 162,468 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares Morningstar Growth ETF by 151.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 238,602 shares of the company’s stock valued at $21,379,000 after purchasing an additional 143,847 shares in the last quarter. Finally, Ipsen Advisor Group LLC acquired a new position in iShares Morningstar Growth ETF during the fourth quarter worth $5,843,000.

iShares Morningstar Growth ETF Stock Performance

iShares Morningstar Growth ETF stock opened at $85.52 on Friday. iShares Morningstar Growth ETF has a fifty-two week low of $69.47 and a fifty-two week high of $94.61. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 31.51 and a beta of 1.18. The stock’s fifty day moving average is $81.08 and its two-hundred day moving average is $87.20.

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.