Cornerstone Wealth Management LLC Has $10.09 Million Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Cornerstone Wealth Management LLC lifted its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,100 shares of the company’s stock after purchasing an additional 4,725 shares during the quarter. iShares Morningstar Growth ETF accounts for approximately 0.7% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Cornerstone Wealth Management LLC owned 0.43% of iShares Morningstar Growth ETF worth $10,093,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ILCG. B. Riley Wealth Advisors Inc. grew its stake in iShares Morningstar Growth ETF by 0.6% in the first quarter. B. Riley Wealth Advisors Inc. now owns 23,467 shares of the company’s stock valued at $1,771,000 after purchasing an additional 146 shares in the last quarter. Blue Barn Wealth LLC increased its holdings in iShares Morningstar Growth ETF by 1.7% during the first quarter. Blue Barn Wealth LLC now owns 8,736 shares of the company’s stock worth $659,000 after buying an additional 149 shares during the last quarter. Madison Wealth Partners Inc raised its position in iShares Morningstar Growth ETF by 0.5% during the first quarter. Madison Wealth Partners Inc now owns 44,628 shares of the company’s stock worth $3,368,000 after acquiring an additional 217 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in iShares Morningstar Growth ETF by 4.4% in the first quarter. J.W. Cole Advisors Inc. now owns 7,263 shares of the company’s stock valued at $548,000 after acquiring an additional 303 shares during the last quarter. Finally, Pineridge Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF in the 2nd quarter valued at about $25,000.

iShares Morningstar Growth ETF Price Performance

iShares Morningstar Growth ETF stock opened at $85.38 on Thursday. The company’s 50-day moving average is $81.99 and its 200-day moving average is $79.35. The firm has a market capitalization of $2.39 billion, a PE ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a fifty-two week low of $57.26 and a fifty-two week high of $86.21.

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.