Focus Financial Network Inc. Lowers Holdings in iShares Morningstar Growth ETF $ILCG

Focus Financial Network Inc. decreased its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 26.6% in the second quarter, HoldingsChannel.com reports. The fund owned 15,594 shares of the company’s stock after selling 5,665 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Morningstar Growth ETF were worth $1,825,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. NBT Bank N A NY grew its position in shares of iShares Morningstar Growth ETF by 175.0% during the first quarter. NBT Bank N A NY now owns 286 shares of the company’s stock worth $27,000 after purchasing an additional 182 shares in the last quarter. Parallel Advisors LLC purchased a new position in iShares Morningstar Growth ETF in the 3rd quarter worth approximately $37,000. O Shaughnessy Asset Management LLC lifted its holdings in iShares Morningstar Growth ETF by 1,250.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock worth $39,000 after purchasing an additional 350 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in iShares Morningstar Growth ETF in the 4th quarter worth approximately $56,000. Finally, Signature Equity Partners LLC boosted its stake in iShares Morningstar Growth ETF by 18.5% in the 1st quarter. Signature Equity Partners LLC now owns 684 shares of the company’s stock worth $65,000 after purchasing an additional 107 shares during the period.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG opened at $116.76 on Wednesday. iShares Morningstar Growth ETF has a 1 year low of $91.26 and a 1 year high of $120.57. The company has a 50 day simple moving average of $114.63 and a two-hundred day simple moving average of $108.46. The firm has a market cap of $3.25 billion, a P/E ratio of 38.10 and a beta of 1.23.

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.