Jim Saulnier & Associates LLC Sells 16,602 Shares of iShares Morningstar Growth ETF $ILCG

Jim Saulnier & Associates LLC cut its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 50.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,371 shares of the company’s stock after selling 16,602 shares during the quarter. iShares Morningstar Growth ETF accounts for approximately 0.9% of Jim Saulnier & Associates LLC’s holdings, making the stock its 26th largest position. Jim Saulnier & Associates LLC owned approximately 0.06% of iShares Morningstar Growth ETF worth $1,916,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ILCG. Royal Bank of Canada boosted its position in shares of iShares Morningstar Growth ETF by 1.7% during the first quarter. Royal Bank of Canada now owns 84,928 shares of the company’s stock valued at $6,878,000 after buying an additional 1,444 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares Morningstar Growth ETF by 11.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,880 shares of the company’s stock worth $557,000 after buying an additional 710 shares during the last quarter. Marshall Wace LLP bought a new position in iShares Morningstar Growth ETF during the 2nd quarter valued at about $740,000. Brown Advisory Inc. bought a new position in iShares Morningstar Growth ETF during the 2nd quarter valued at about $296,000. Finally, Cerity Partners LLC purchased a new stake in shares of iShares Morningstar Growth ETF during the 2nd quarter valued at about $239,000.

iShares Morningstar Growth ETF Stock Up 0.1%

Shares of ILCG stock opened at $115.67 on Friday. The company has a 50 day moving average price of $114.80 and a 200-day moving average price of $109.97. iShares Morningstar Growth ETF has a 52 week low of $91.26 and a 52 week high of $120.57. The firm has a market capitalization of $3.22 billion, a PE ratio of 38.10 and a beta of 1.22.

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.