Thurston Springer Miller Herd & Titak Inc. Makes New $648,000 Investment in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 8,000 shares of the company’s stock, valued at approximately $648,000.

A number of other hedge funds have also modified their holdings of the company. Atria Wealth Solutions Inc. raised its holdings in shares of iShares Morningstar Growth ETF by 123.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 68,648 shares of the company’s stock worth $6,151,000 after purchasing an additional 37,908 shares during the last quarter. Assetmark Inc. grew its position in iShares Morningstar Growth ETF by 129.9% during the 4th quarter. Assetmark Inc. now owns 8,165 shares of the company’s stock worth $732,000 after purchasing an additional 4,613 shares during the period. HighTower Advisors LLC raised its stake in shares of iShares Morningstar Growth ETF by 9.7% during the 4th quarter. HighTower Advisors LLC now owns 24,613 shares of the company’s stock valued at $2,205,000 after buying an additional 2,171 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Morningstar Growth ETF by 3.3% during the 4th quarter. JPMorgan Chase & Co. now owns 311,597 shares of the company’s stock valued at $27,919,000 after buying an additional 9,932 shares during the last quarter. Finally, Sigma Planning Corp lifted its holdings in shares of iShares Morningstar Growth ETF by 3.6% in the 4th quarter. Sigma Planning Corp now owns 13,238 shares of the company’s stock valued at $1,186,000 after buying an additional 465 shares during the period.

iShares Morningstar Growth ETF Stock Down 0.7%

Shares of ILCG opened at $92.02 on Friday. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 33.22 and a beta of 1.18. iShares Morningstar Growth ETF has a 52 week low of $69.47 and a 52 week high of $94.61. The stock’s 50-day moving average price is $84.02 and its 200-day moving average price is $87.66.

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.