iShares Morningstar Growth ETF (NYSEARCA:ILCG) Position Cut by Bowman & Co S.C.

Bowman & Co S.C. trimmed its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,540 shares of the company’s stock after selling 193 shares during the quarter. Bowman & Co S.C.’s holdings in iShares Morningstar Growth ETF were worth $586,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. LongView Wealth Management grew its stake in shares of iShares Morningstar Growth ETF by 3.8% in the 4th quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock worth $12,784,000 after purchasing an additional 5,266 shares during the last quarter. Merit Financial Group LLC boosted its stake in shares of iShares Morningstar Growth ETF by 3.2% during the 4th quarter. Merit Financial Group LLC now owns 50,923 shares of the company’s stock worth $4,563,000 after acquiring an additional 1,567 shares in the last quarter. JGP Wealth Management LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 4th quarter worth $225,000. Park Avenue Securities LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth $241,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter valued at $297,000.

iShares Morningstar Growth ETF Trading Up 1.2 %

Shares of ILCG opened at $91.51 on Friday. The business’s 50-day moving average price is $90.76 and its 200 day moving average price is $85.35. The stock has a market capitalization of $2.56 billion, a P/E ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a 1-year low of $67.98 and a 1-year high of $93.81.

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.