Royal Bank of Canada decreased its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report) by 9.5% in the first quarter, HoldingsChannel reports. The fund owned 96,416 shares of the company’s stock after selling 10,174 shares during the quarter. Royal Bank of Canada’s holdings in iShares Morningstar Growth ETF were worth $9,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of ILCG. Northwestern Mutual Wealth Management Co. lifted its position in iShares Morningstar Growth ETF by 794.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock valued at $83,460,000 after purchasing an additional 712,505 shares in the last quarter. Valpey Financial Services LLC increased its position in iShares Morningstar Growth ETF by 10,289.4% in the fourth quarter. Valpey Financial Services LLC now owns 474,901 shares of the company’s stock worth $49,409,000 after buying an additional 470,330 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares Morningstar Growth ETF by 6.7% in the fourth quarter. LPL Financial LLC now owns 1,381,151 shares of the company’s stock worth $143,695,000 after buying an additional 86,680 shares during the period. Farther Finance Advisors LLC raised its stake in shares of iShares Morningstar Growth ETF by 949.7% in the fourth quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock worth $8,265,000 after buying an additional 71,870 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of iShares Morningstar Growth ETF by 12.8% during the 1st quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock valued at $56,916,000 after buying an additional 67,654 shares in the last quarter.
iShares Morningstar Growth ETF Stock Performance
Shares of NYSEARCA:ILCG opened at $117.72 on Monday. The stock has a 50 day moving average of $114.76 and a 200 day moving average of $108.26. The company has a market cap of $3.27 billion, a PE ratio of 38.10 and a beta of 1.23. iShares Morningstar Growth ETF has a 12-month low of $91.26 and a 12-month high of $120.57.
iShares Morningstar Growth ETF Company 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.
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Want to see what other hedge funds are holding ILCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report).
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