Ipsen Advisor Group LLC Takes Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Ipsen Advisor Group LLC purchased a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 65,216 shares of the company’s stock, valued at approximately $5,843,000. iShares Morningstar Growth ETF accounts for approximately 5.0% of Ipsen Advisor Group LLC’s holdings, making the stock its 3rd largest holding. Ipsen Advisor Group LLC owned approximately 0.23% of iShares Morningstar Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of iShares Morningstar Growth ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock valued at $25,352,000 after buying an additional 15,527 shares in the last quarter. FMR LLC raised its position in iShares Morningstar Growth ETF by 4.2% during the third quarter. FMR LLC now owns 30,259 shares of the company’s stock valued at $2,543,000 after purchasing an additional 1,209 shares in the last quarter. Park Avenue Securities LLC acquired a new position in iShares Morningstar Growth ETF during the fourth quarter valued at approximately $241,000. Sanctuary Advisors LLC lifted its stake in iShares Morningstar Growth ETF by 38.7% during the third quarter. Sanctuary Advisors LLC now owns 55,183 shares of the company’s stock worth $4,926,000 after purchasing an additional 15,405 shares during the last quarter. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of iShares Morningstar Growth ETF by 123.3% in the 4th quarter. Atria Wealth Solutions Inc. now owns 68,648 shares of the company’s stock valued at $6,151,000 after purchasing an additional 37,908 shares in the last quarter.

iShares Morningstar Growth ETF Stock Performance

iShares Morningstar Growth ETF stock opened at $85.67 on Wednesday. iShares Morningstar Growth ETF has a 52 week low of $70.48 and a 52 week high of $94.61. The stock has a market capitalization of $2.32 billion, a P/E ratio of 32.45 and a beta of 1.13. The stock has a fifty day moving average of $89.03 and a 200-day moving average of $88.14.

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.