Bank of New York Mellon Corp Buys 10,225 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Bank of New York Mellon Corp boosted its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 61.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,918 shares of the company’s stock after acquiring an additional 10,225 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Morningstar Growth ETF were worth $2,412,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc boosted its holdings in shares of iShares Morningstar Growth ETF by 82.0% during the 4th quarter. IFP Advisors Inc now owns 8,201 shares of the company’s stock worth $735,000 after buying an additional 3,696 shares in the last quarter. Sigma Planning Corp boosted its holdings in shares of iShares Morningstar Growth ETF by 3.6% during the 4th quarter. Sigma Planning Corp now owns 13,238 shares of the company’s stock worth $1,186,000 after buying an additional 465 shares in the last quarter. VisionPoint Advisory Group LLC bought a new position in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $1,033,000. Aspect Partners LLC bought a new position in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $426,000. Finally, Good Life Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $215,000.

iShares Morningstar Growth ETF Stock Performance

iShares Morningstar Growth ETF stock opened at $83.15 on Friday. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 34.86 and a beta of 1.13. iShares Morningstar Growth ETF has a 52-week low of $70.48 and a 52-week high of $94.61. The stock’s 50 day moving average price is $89.16 and its two-hundred day moving average price is $87.92.

About iShares Morningstar Growth ETF

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.