Lido Advisors LLC Acquires New Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Lido Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,758 shares of the company’s stock, valued at approximately $964,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares Morningstar Growth ETF by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock worth $25,352,000 after buying an additional 15,527 shares during the period. Park Avenue Securities LLC bought a new stake in iShares Morningstar Growth ETF during the fourth quarter valued at about $241,000. Atria Wealth Solutions Inc. increased its stake in shares of iShares Morningstar Growth ETF by 123.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 68,648 shares of the company’s stock worth $6,151,000 after purchasing an additional 37,908 shares during the period. Assetmark Inc. increased its stake in shares of iShares Morningstar Growth ETF by 129.9% in the fourth quarter. Assetmark Inc. now owns 8,165 shares of the company’s stock worth $732,000 after purchasing an additional 4,613 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of iShares Morningstar Growth ETF by 9.7% during the 4th quarter. HighTower Advisors LLC now owns 24,613 shares of the company’s stock worth $2,205,000 after purchasing an additional 2,171 shares during the last quarter.

iShares Morningstar Growth ETF Stock Up 1.8 %

ILCG opened at $85.36 on Friday. The stock’s 50 day moving average price is $81.30 and its two-hundred day moving average price is $87.24. The firm has a market capitalization of $2.37 billion, a P/E ratio of 31.51 and a beta of 1.18. iShares Morningstar Growth ETF has a 12-month low of $69.47 and a 12-month high of $94.61.

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.