9,636 Shares in iShares Morningstar Growth ETF (NYSEARCA:ILCG) Purchased by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC acquired a new position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 9,636 shares of the company’s stock, valued at approximately $654,000.

Several other large investors also recently bought and sold shares of the business. LPL Financial LLC grew its stake in shares of iShares Morningstar Growth ETF by 0.6% during the 3rd quarter. LPL Financial LLC now owns 1,138,571 shares of the company’s stock valued at $67,916,000 after purchasing an additional 6,509 shares during the period. Clearstead Advisors LLC purchased a new position in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at about $36,629,000. International Assets Investment Management LLC purchased a new position in shares of iShares Morningstar Growth ETF during the 4th quarter valued at about $34,303,000. Commonwealth Equity Services LLC lifted its position in shares of iShares Morningstar Growth ETF by 6.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 377,964 shares of the company’s stock valued at $22,546,000 after buying an additional 23,336 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in shares of iShares Morningstar Growth ETF by 1.1% during the 3rd quarter. Avantax Advisory Services Inc. now owns 357,956 shares of the company’s stock valued at $21,352,000 after buying an additional 3,832 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG stock traded up $1.22 during trading hours on Friday, reaching $73.48. 77,043 shares of the company traded hands, compared to its average volume of 65,210. iShares Morningstar Growth ETF has a 12-month low of $54.61 and a 12-month high of $76.38. The company has a market cap of $2.06 billion, a P/E ratio of 36.44 and a beta of 1.21. The firm has a 50-day moving average price of $74.18 and a 200 day moving average price of $68.82.

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.