BridgePort Financial Solutions LLC Makes New Investment in iShares Morningstar Growth ETF $ILCG

BridgePort Financial Solutions LLC acquired a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,468 shares of the company’s stock, valued at approximately $239,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Daymark Wealth Partners LLC acquired a new position in iShares Morningstar Growth ETF during the first quarter worth approximately $756,000. Sowell Financial Services LLC bought a new position in shares of iShares Morningstar Growth ETF during the 1st quarter worth approximately $256,000. Wealthspire Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF during the 1st quarter worth approximately $222,000. Cambridge Investment Research Advisors Inc. raised its stake in iShares Morningstar Growth ETF by 3.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,108 shares of the company’s stock valued at $5,597,000 after acquiring an additional 2,615 shares during the period. Finally, NBC Securities Inc. acquired a new stake in iShares Morningstar Growth ETF during the 1st quarter valued at $44,000.

iShares Morningstar Growth ETF Price Performance

ILCG stock opened at $104.44 on Friday. iShares Morningstar Growth ETF has a one year low of $69.47 and a one year high of $105.18. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 38.10 and a beta of 1.07. The company has a fifty day moving average price of $101.57 and a two-hundred day moving average price of $93.06.

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.