HighTower Advisors LLC Trims Stock Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

HighTower Advisors LLC cut its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 11.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,442 shares of the company’s stock after selling 2,887 shares during the period. HighTower Advisors LLC owned 0.08% of iShares Morningstar Growth ETF worth $1,886,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Raymond James Financial Services Advisors Inc. grew its position in iShares Morningstar Growth ETF by 56.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock worth $24,038,000 after purchasing an additional 106,146 shares during the last quarter. Larson Financial Group LLC acquired a new stake in shares of iShares Morningstar Growth ETF during the second quarter worth about $41,000. Private Advisor Group LLC grew its holdings in shares of iShares Morningstar Growth ETF by 394.9% during the second quarter. Private Advisor Group LLC now owns 136,803 shares of the company’s stock worth $11,137,000 after buying an additional 109,161 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in iShares Morningstar Growth ETF by 4.5% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 93,635 shares of the company’s stock valued at $7,623,000 after acquiring an additional 3,999 shares during the period. Finally, J.W. Cole Advisors Inc. raised its stake in iShares Morningstar Growth ETF by 4.4% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 7,582 shares of the company’s stock valued at $617,000 after acquiring an additional 319 shares during the last quarter.

iShares Morningstar Growth ETF Trading Down 0.1 %

iShares Morningstar Growth ETF stock opened at $92.81 on Friday. The stock has a 50 day moving average of $88.19 and a two-hundred day moving average of $83.46. iShares Morningstar Growth ETF has a twelve month low of $65.61 and a twelve month high of $93.55. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24.

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.