106,553 Shares of iShares Morningstar Growth ETF $ILCG Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC acquired a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 106,553 shares of the company’s stock, valued at approximately $12,464,000. Cornerstone Wealth Management LLC owned approximately 0.39% of iShares Morningstar Growth ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ILCG. Envestnet Asset Management Inc. grew its stake in iShares Morningstar Growth ETF by 71.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock valued at $119,558,000 after purchasing an additional 424,099 shares during the period. Cetera Investment Advisers increased its position in iShares Morningstar Growth ETF by 12.8% in the first quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock worth $56,916,000 after buying an additional 67,654 shares during the last quarter. FAS Wealth Partners Inc. raised its stake in shares of iShares Morningstar Growth ETF by 1.1% in the first quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock valued at $56,605,000 after buying an additional 6,217 shares during the period. Clearstead Trust LLC lifted its position in shares of iShares Morningstar Growth ETF by 12.5% during the 1st quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock valued at $53,265,000 after buying an additional 62,044 shares during the last quarter. Finally, B&D White Capital Company LLC bought a new stake in iShares Morningstar Growth ETF in the 3rd quarter valued at about $49,731,000.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG stock opened at $107.11 on Wednesday. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 38.10 and a beta of 1.23. iShares Morningstar Growth ETF has a 1 year low of $91.26 and a 1 year high of $121.11. The company’s fifty day simple moving average is $114.51 and its two-hundred day simple moving average is $110.50.

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.