iShares Morningstar Growth ETF (NYSEARCA:ILCG) Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC cut its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 44.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,143 shares of the company’s stock after selling 13,913 shares during the quarter. Gladstone Institutional Advisory LLC owned approximately 0.06% of iShares Morningstar Growth ETF worth $1,441,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ILCG. Raymond James Financial Services Advisors Inc. grew its position in iShares Morningstar Growth ETF by 56.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock valued at $24,038,000 after buying an additional 106,146 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of iShares Morningstar Growth ETF by 4.4% during the first quarter. J.W. Cole Advisors Inc. now owns 7,263 shares of the company’s stock worth $548,000 after acquiring an additional 303 shares during the period. Private Advisor Group LLC raised its holdings in iShares Morningstar Growth ETF by 4.0% during the first quarter. Private Advisor Group LLC now owns 27,642 shares of the company’s stock worth $2,086,000 after purchasing an additional 1,051 shares in the last quarter. Larson Financial Group LLC acquired a new stake in iShares Morningstar Growth ETF in the second quarter valued at about $41,000. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in iShares Morningstar Growth ETF by 6.9% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 20,797 shares of the company’s stock valued at $1,570,000 after purchasing an additional 1,337 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

iShares Morningstar Growth ETF stock opened at $84.63 on Friday. The stock’s 50 day moving average price is $83.32 and its 200 day moving average price is $80.27. iShares Morningstar Growth ETF has a 1-year low of $60.07 and a 1-year high of $87.05. The company has a market cap of $2.37 billion, a PE ratio of 38.76 and a beta of 1.24.

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.