LPL Financial LLC Purchases 86,680 Shares of iShares Morningstar Growth ETF $ILCG

LPL Financial LLC lifted its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,381,151 shares of the company’s stock after acquiring an additional 86,680 shares during the quarter. LPL Financial LLC’s holdings in iShares Morningstar Growth ETF were worth $143,695,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Assetmark Inc. raised its holdings in shares of iShares Morningstar Growth ETF by 60.9% in the third quarter. Assetmark Inc. now owns 16,028 shares of the company’s stock valued at $1,672,000 after acquiring an additional 6,068 shares in the last quarter. Citigroup Inc. grew its stake in iShares Morningstar Growth ETF by 19.6% in the third quarter. Citigroup Inc. now owns 40,344 shares of the company’s stock valued at $4,208,000 after purchasing an additional 6,617 shares during the last quarter. Invested Advisors purchased a new position in iShares Morningstar Growth ETF in the fourth quarter valued at about $581,000. JPMorgan Chase & Co. grew its stake in iShares Morningstar Growth ETF by 22.5% in the third quarter. JPMorgan Chase & Co. now owns 376,531 shares of the company’s stock valued at $39,272,000 after purchasing an additional 69,279 shares during the last quarter. Finally, Asempa Wealth Advisors purchased a new position in iShares Morningstar Growth ETF in the fourth quarter valued at about $2,519,000.

iShares Morningstar Growth ETF Price Performance

ILCG opened at $111.36 on Thursday. The business’s 50-day moving average is $110.46 and its two-hundred day moving average is $105.27. iShares Morningstar Growth ETF has a 1 year low of $91.26 and a 1 year high of $120.57. The firm has a market capitalization of $2.96 billion, a PE ratio of 38.10 and a beta of 1.22.

iShares Morningstar Growth ETF 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.