iShares Morningstar Growth ETF (NYSEARCA:ILCG) Holdings Lifted by Kovack Advisors Inc.

Kovack Advisors Inc. increased its holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,059 shares of the company’s stock after acquiring an additional 150 shares during the period. Kovack Advisors Inc.’s holdings in iShares Morningstar Growth ETF were worth $453,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares Morningstar Growth ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock worth $25,352,000 after purchasing an additional 15,527 shares during the period. FMR LLC grew its holdings in shares of iShares Morningstar Growth ETF by 4.2% during the 3rd quarter. FMR LLC now owns 30,259 shares of the company’s stock valued at $2,543,000 after acquiring an additional 1,209 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of iShares Morningstar Growth ETF in the fourth quarter worth $241,000. Sanctuary Advisors LLC boosted its position in iShares Morningstar Growth ETF by 38.7% during the third quarter. Sanctuary Advisors LLC now owns 55,183 shares of the company’s stock valued at $4,926,000 after purchasing an additional 15,405 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in iShares Morningstar Growth ETF by 3.6% during the fourth 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.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG stock opened at $88.43 on Friday. iShares Morningstar Growth ETF has a fifty-two week low of $70.48 and a fifty-two week high of $94.61. The stock’s 50-day moving average is $91.48 and its two-hundred day moving average is $87.71. The firm has a market cap of $2.47 billion, a P/E ratio of 38.76 and a beta of 1.24.

iShares Morningstar Growth ETF Profile

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.