Hershey Financial Advisers LLC Buys Shares of 43,206 iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Hershey Financial Advisers LLC acquired a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 43,206 shares of the company’s stock, valued at approximately $3,871,000. iShares Morningstar Growth ETF comprises about 3.4% of Hershey Financial Advisers LLC’s portfolio, making the stock its 8th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Halbert Hargrove Global Advisors LLC acquired a new position in iShares Morningstar Growth ETF in the fourth quarter valued at about $39,000. Synergy Investment Management LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth about $140,000. McCarthy & Cox acquired a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth about $202,000. Elevation Capital Advisory LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth about $208,000. Finally, Good Life Advisors LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the fourth quarter worth about $215,000.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $83.15 on Monday. The firm has a market cap of $2.25 billion, a P/E ratio of 32.45 and a beta of 1.13. The stock’s 50-day moving average is $89.16 and its 200-day moving average is $88.04. iShares Morningstar Growth ETF has a one year low of $70.48 and a one year high of $94.61.

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.