Valpey Financial Services LLC Invests $444,000 in iShares Morningstar Growth ETF $ILCG

Valpey Financial Services LLC purchased a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,583 shares of the company’s stock, valued at approximately $444,000.

Several other institutional investors have also recently bought and sold shares of ILCG. Kingsview Wealth Management LLC grew its holdings in shares of iShares Morningstar Growth ETF by 1.2% during the first quarter. Kingsview Wealth Management LLC now owns 12,082 shares of the company’s stock worth $979,000 after purchasing an additional 149 shares during the last quarter. Mutual Advisors LLC lifted its position in iShares Morningstar Growth ETF by 4.1% during the 1st quarter. Mutual Advisors LLC now owns 4,422 shares of the company’s stock worth $364,000 after buying an additional 176 shares in the last quarter. Roman Butler Fullerton & Co. grew its holdings in iShares Morningstar Growth ETF by 1.7% during the 1st quarter. Roman Butler Fullerton & Co. now owns 12,200 shares of the company’s stock worth $967,000 after acquiring an additional 204 shares during the last quarter. IFG Advisory LLC grew its holdings in iShares Morningstar Growth ETF by 6.9% during the 1st quarter. IFG Advisory LLC now owns 4,153 shares of the company’s stock worth $336,000 after acquiring an additional 267 shares during the last quarter. Finally, Rossby Financial LCC acquired a new stake in iShares Morningstar Growth ETF in the 1st quarter valued at about $31,000.

iShares Morningstar Growth ETF Trading Down 0.4%

Shares of ILCG stock opened at $104.44 on Monday. iShares Morningstar Growth ETF has a 1 year low of $69.47 and a 1 year high of $105.18. The firm’s 50 day moving average is $101.57 and its 200-day moving average is $93.13. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 38.10 and a beta of 1.07.

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.