iShares Morningstar Growth ETF (NYSEARCA:ILCG) Shares Sold by Wharton Business Group LLC

Wharton Business Group LLC lessened its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 7.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 7,400 shares of the company’s stock after selling 585 shares during the period. Wharton Business Group LLC’s holdings in iShares Morningstar Growth ETF were worth $663,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. J.W. Cole Advisors Inc. grew its stake in shares of iShares Morningstar Growth ETF by 3.6% in the 4th quarter. J.W. Cole Advisors Inc. now owns 3,646 shares of the company’s stock valued at $327,000 after purchasing an additional 125 shares during the last quarter. Key Financial Inc grew its position in iShares Morningstar Growth ETF by 7.4% in the 4th quarter. Key Financial Inc now owns 3,514 shares of the company’s stock valued at $315,000 after buying an additional 241 shares during the last quarter. Roman Butler Fullerton & Co. grew its position in iShares Morningstar Growth ETF by 2.9% in the 4th quarter. Roman Butler Fullerton & Co. now owns 11,996 shares of the company’s stock valued at $1,089,000 after buying an additional 333 shares during the last quarter. Sigma Planning Corp increased its stake in iShares Morningstar Growth ETF by 3.6% in the 4th quarter. Sigma Planning Corp now owns 13,238 shares of the company’s stock valued at $1,186,000 after buying an additional 465 shares during the period. Finally, Hutchens & Kramer Investment Management Group LLC raised its position in iShares Morningstar Growth ETF by 9.2% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 5,638 shares of the company’s stock worth $505,000 after buying an additional 474 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

ILCG stock opened at $90.66 on Monday. iShares Morningstar Growth ETF has a one year low of $70.48 and a one year high of $94.61. The company has a fifty day moving average of $91.78 and a 200-day moving average of $87.46. The stock has a market capitalization of $2.53 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.