Commonwealth Equity Services LLC Sells 11,707 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Commonwealth Equity Services LLC trimmed its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 460,653 shares of the company’s stock after selling 11,707 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Morningstar Growth ETF were worth $38,713,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC bought a new stake in shares of iShares Morningstar Growth ETF during the first quarter worth approximately $1,043,000. Gilman Hill Asset Management LLC acquired a new stake in iShares Morningstar Growth ETF during the 1st quarter worth approximately $261,000. Wealth Enhancement Advisory Services LLC boosted its stake in iShares Morningstar Growth ETF by 20.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 92,348 shares of the company’s stock valued at $6,970,000 after purchasing an additional 15,891 shares during the period. LongView Wealth Management grew its holdings in iShares Morningstar Growth ETF by 18.9% in the 1st quarter. LongView Wealth Management now owns 112,187 shares of the company’s stock valued at $8,468,000 after buying an additional 17,823 shares in the last quarter. Finally, Cornerstone Wealth Group LLC bought a new position in iShares Morningstar Growth ETF during the 1st quarter worth $367,000.

iShares Morningstar Growth ETF Stock Performance

ILCG opened at $86.05 on Monday. The stock has a fifty day moving average of $82.35 and a 200-day moving average of $79.53. The company has a market capitalization of $2.41 billion, a P/E ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a fifty-two week low of $57.26 and a fifty-two week high of $86.29.

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.