Rodgers & Associates LTD Acquires New Stake in iShares Morningstar Growth ETF $ILCG

Rodgers & Associates LTD acquired a new position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 8,288 shares of the company’s stock, valued at approximately $969,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sensible Money LLC bought a new stake in iShares Morningstar Growth ETF in the 3rd quarter valued at $265,000. Prime Capital Investment Advisors LLC acquired a new stake in iShares Morningstar Growth ETF in the 3rd quarter worth $14,663,000. Vision Capital Management Inc. acquired a new stake in iShares Morningstar Growth ETF in the 3rd quarter worth $788,000. Retirement Planning Group LLC acquired a new stake in iShares Morningstar Growth ETF in the 3rd quarter worth $4,823,000. Finally, Arlington Financial Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF during the 3rd quarter worth about $280,000.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA:ILCG opened at $114.01 on Wednesday. The firm’s 50-day moving average is $116.12 and its 200-day moving average is $113.92. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 52-week low of $91.26 and a 52-week high of $121.11.

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.