Noesis Capital Mangement Corp Decreases Stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Noesis Capital Mangement Corp cut its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 9.7% during the third quarter, HoldingsChannel reports. The firm owned 4,674 shares of the company’s stock after selling 500 shares during the quarter. Noesis Capital Mangement Corp’s holdings in iShares Morningstar Growth ETF were worth $393,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ILCG. Strategic Financial Concepts LLC increased its position in shares of iShares Morningstar Growth ETF by 1,453.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 853,847 shares of the company’s stock valued at $695,000 after purchasing an additional 798,883 shares during the last quarter. AdvisorShares Investments LLC purchased a new stake in shares of iShares Morningstar Growth ETF in the 2nd quarter valued at approximately $40,618,000. Private Advisor Group LLC increased its position in shares of iShares Morningstar Growth ETF by 394.9% in the 2nd quarter. Private Advisor Group LLC now owns 136,803 shares of the company’s stock valued at $11,137,000 after purchasing an additional 109,161 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of 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 purchasing an additional 106,146 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Morningstar Growth ETF by 7.8% in the 2nd quarter. LPL Financial LLC now owns 1,361,772 shares of the company’s stock valued at $110,862,000 after purchasing an additional 98,743 shares during the last quarter.

iShares Morningstar Growth ETF Trading Down 0.7 %

Shares of NYSEARCA:ILCG opened at $89.45 on Thursday. iShares Morningstar Growth ETF has a 52 week low of $64.45 and a 52 week high of $90.66. The company’s 50 day moving average is $86.05 and its two-hundred day moving average is $82.17. The company has a market cap of $2.50 billion, a PE ratio of 38.76 and a beta of 1.24.

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.