Farther Finance Advisors LLC Invests $789,000 in iShares Morningstar Growth ETF $ILCG

Farther Finance Advisors LLC bought a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 7,568 shares of the company’s stock, valued at approximately $789,000.

A number of other institutional investors have also bought and sold shares of the business. FAS Wealth Partners Inc. raised its holdings in iShares Morningstar Growth ETF by 2.3% during the second quarter. FAS Wealth Partners Inc. now owns 598,563 shares of the company’s stock valued at $58,001,000 after acquiring an additional 13,236 shares during the period. McKinley Carter Wealth Services Inc. raised its stake in iShares Morningstar Growth ETF by 0.4% during the 2nd quarter. McKinley Carter Wealth Services Inc. now owns 461,073 shares of the company’s stock valued at $44,678,000 after purchasing an additional 1,830 shares during the period. Avantax Advisory Services Inc. raised its stake in iShares Morningstar Growth ETF by 2.3% during the 2nd quarter. Avantax Advisory Services Inc. now owns 383,000 shares of the company’s stock valued at $37,113,000 after purchasing an additional 8,698 shares during the period. Ameriprise Financial Inc. lifted its holdings in iShares Morningstar Growth ETF by 1.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 347,741 shares of the company’s stock worth $33,696,000 after purchasing an additional 4,477 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in iShares Morningstar Growth ETF by 191.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 304,261 shares of the company’s stock worth $29,483,000 after purchasing an additional 199,835 shares during the period.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG opened at $105.07 on Tuesday. The firm has a market cap of $3.07 billion, a P/E ratio of 38.10 and a beta of 1.16. iShares Morningstar Growth ETF has a 1 year low of $69.47 and a 1 year high of $109.22. The company has a 50 day simple moving average of $104.44 and a two-hundred day simple moving average of $101.67.

iShares Morningstar Growth ETF Company 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.