Northwestern Mutual Wealth Management Co. Raises Stake in iShares Morningstar Growth ETF $ILCG

Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCGFree Report) by 794.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 802,192 shares of the company’s stock after buying an additional 712,505 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Growth ETF were worth $83,460,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Caitlin John LLC purchased a new stake in iShares Morningstar Growth ETF in the third quarter valued at approximately $35,000. Parallel Advisors LLC purchased a new stake in iShares Morningstar Growth ETF in the third quarter valued at approximately $37,000. Cornerstone Planning Group LLC purchased a new stake in iShares Morningstar Growth ETF in the third quarter valued at approximately $64,000. Spire Wealth Management grew its holdings in iShares Morningstar Growth ETF by 23.8% in the fourth quarter. Spire Wealth Management now owns 630 shares of the company’s stock valued at $66,000 after purchasing an additional 121 shares during the period. Finally, Wealth Watch Advisors INC purchased a new stake in iShares Morningstar Growth ETF in the third quarter valued at approximately $107,000.

iShares Morningstar Growth ETF Stock Performance

iShares Morningstar Growth ETF stock opened at $115.26 on Monday. iShares Morningstar Growth ETF has a 1 year low of $88.66 and a 1 year high of $117.43. The firm has a 50 day moving average price of $103.86 and a 200 day moving average price of $103.82. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22.

iShares Morningstar Growth ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Morningstar Growth ETF (NYSEARCA:ILCG)

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