Cornerstone Wealth Management LLC Has $9.74 Million Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Cornerstone Wealth Management LLC lessened its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 0.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 120,236 shares of the company’s stock after selling 366 shares during the period. Cornerstone Wealth Management LLC owned approximately 0.44% of iShares Morningstar Growth ETF worth $9,738,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of ILCG. Halbert Hargrove Global Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF in the 4th quarter valued at $39,000. NBC Securities Inc. bought a new position in iShares Morningstar Growth ETF during the first quarter worth about $44,000. Ameriflex Group Inc. bought a new position in iShares Morningstar Growth ETF during the fourth quarter worth about $56,000. Creative Capital Management Investments LLC acquired a new position in iShares Morningstar Growth ETF in the first quarter valued at about $82,000. Finally, Synergy Investment Management LLC bought a new stake in shares of iShares Morningstar Growth ETF in the fourth quarter worth about $140,000.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $92.79 on Wednesday. iShares Morningstar Growth ETF has a one year low of $69.47 and a one year high of $94.61. The firm has a market cap of $2.60 billion, a P/E ratio of 33.22 and a beta of 1.18. The stock’s 50-day moving average is $86.65 and its 200-day moving average is $87.86.

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.