VisionPoint Advisory Group LLC Acquires New Stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

VisionPoint Advisory Group LLC acquired a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 11,525 shares of the company’s stock, valued at approximately $1,033,000.

Several other large investors also recently added to or reduced their stakes in the business. MidAtlantic Capital Management Inc. bought a new stake in iShares Morningstar Growth ETF during the third quarter worth about $45,000. McCarthy & Cox bought a new stake in iShares Morningstar Growth ETF during the fourth quarter worth about $202,000. Mathes Company Inc. bought a new stake in iShares Morningstar Growth ETF during the third quarter worth about $210,000. Good Life Advisors LLC bought a new stake in iShares Morningstar Growth ETF during the fourth quarter worth about $215,000. Finally, JGP Wealth Management LLC bought a new stake in iShares Morningstar Growth ETF during the fourth quarter worth about $225,000.

iShares Morningstar Growth ETF Stock Down 0.7 %

Shares of ILCG stock opened at $92.87 on Friday. The firm has a market cap of $2.60 billion, a P/E ratio of 38.76 and a beta of 1.24. The business has a 50-day moving average price of $91.82 and a two-hundred day moving average price of $87.17. iShares Morningstar Growth ETF has a 12-month low of $70.48 and a 12-month high of $94.61.

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.