Gilman Hill Asset Management LLC Takes $261,000 Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Gilman Hill Asset Management LLC bought a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 3,460 shares of the company’s stock, valued at approximately $261,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV lifted its stake in iShares Morningstar Growth ETF by 24.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,635 shares of the company’s stock worth $111,000 after purchasing an additional 316 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of iShares Morningstar Growth ETF by 6.3% in the fourth quarter. Harbor Investment Advisory LLC now owns 2,550 shares of the company’s stock worth $173,000 after buying an additional 150 shares during the period. Kaydan Wealth Management Inc. bought a new stake in shares of iShares Morningstar Growth ETF during the 1st quarter worth approximately $208,000. Arcus Capital Partners LLC purchased a new position in iShares Morningstar Growth ETF during the 4th quarter valued at $198,000. Finally, Kelman Lazarov Inc. bought a new position in iShares Morningstar Growth ETF in the 4th quarter valued at $208,000.

iShares Morningstar Growth ETF Trading Up 1.3 %

NYSEARCA:ILCG opened at $81.47 on Wednesday. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a twelve month low of $57.26 and a twelve month high of $82.42. The stock has a fifty day simple moving average of $76.79 and a 200-day simple moving average of $73.42.

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.