Sunburst Financial Group LLC Sells 22,224 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Sunburst Financial Group LLC lowered its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 26.1% during the fourth quarter, HoldingsChannel reports. The firm owned 62,776 shares of the company’s stock after selling 22,224 shares during the quarter. iShares Morningstar Growth ETF makes up 1.4% of Sunburst Financial Group LLC’s investment portfolio, making the stock its 15th largest position. Sunburst Financial Group LLC’s holdings in iShares Morningstar Growth ETF were worth $5,625,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in ILCG. Cornerstone Wealth Management LLC lifted its stake in iShares Morningstar Growth ETF by 4.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 120,100 shares of the company’s stock valued at $10,093,000 after purchasing an additional 4,725 shares during the last quarter. Global Retirement Partners LLC raised its stake in iShares Morningstar Growth ETF by 6.2% in the third quarter. Global Retirement Partners LLC now owns 6,772 shares of the company’s stock valued at $569,000 after buying an additional 393 shares during the period. Marietta Wealth Management LLC lifted its position in shares of iShares Morningstar Growth ETF by 1.2% in the third quarter. Marietta Wealth Management LLC now owns 65,207 shares of the company’s stock valued at $5,480,000 after buying an additional 786 shares during the last quarter. GW Henssler & Associates Ltd. bought a new position in shares of iShares Morningstar Growth ETF during the 3rd quarter worth approximately $402,000. Finally, Focus Financial Network Inc. increased its holdings in shares of iShares Morningstar Growth ETF by 6.0% during the 3rd quarter. Focus Financial Network Inc. now owns 41,292 shares of the company’s stock worth $3,470,000 after acquiring an additional 2,321 shares during the last quarter.

iShares Morningstar Growth ETF Trading Up 1.2 %

ILCG opened at $93.36 on Friday. The stock’s fifty day simple moving average is $91.76 and its 200 day simple moving average is $86.65. iShares Morningstar Growth ETF has a 1-year low of $70.48 and a 1-year high of $94.61. The stock has a market cap of $2.61 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.