5,505 Shares in iShares Morningstar Growth ETF $ILCG Purchased by Midwest Financial Partners Investments Inc.

Midwest Financial Partners Investments Inc. acquired a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, HoldingsChannel reports. The firm acquired 5,505 shares of the company’s stock, valued at approximately $573,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its position in iShares Morningstar Growth ETF by 794.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock worth $83,460,000 after purchasing an additional 712,505 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares Morningstar Growth ETF by 8.7% in the 3rd quarter. Bank of America Corp DE now owns 514,197 shares of the company’s stock valued at $53,631,000 after acquiring an additional 41,280 shares during the last quarter. AdvisorShares Investments LLC acquired a new position in iShares Morningstar Growth ETF in the 3rd quarter valued at $41,913,000. JPMorgan Chase & Co. raised its holdings in iShares Morningstar Growth ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock valued at $39,272,000 after acquiring an additional 69,279 shares during the last quarter. Finally, UBS Group AG raised its holdings in iShares Morningstar Growth ETF by 21.2% in the 3rd quarter. UBS Group AG now owns 366,690 shares of the company’s stock valued at $38,246,000 after acquiring an additional 64,105 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

Shares of ILCG opened at $115.42 on Friday. The stock has a fifty day moving average of $104.98 and a two-hundred day moving average of $104.01. The company has a market capitalization of $3.07 billion, a PE ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a fifty-two week low of $88.66 and a fifty-two week high of $117.43.

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.