Creative Planning Has $4.86 Million Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Creative Planning cut its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 1.3% in the third quarter, Holdings Channel.com reports. The firm owned 57,863 shares of the company’s stock after selling 736 shares during the quarter. Creative Planning’s holdings in iShares Morningstar Growth ETF were worth $4,863,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ILCG. Global Assets Advisory LLC acquired a new position in iShares Morningstar Growth ETF in the 1st quarter worth $1,043,000. 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 worth $6,970,000 after purchasing an additional 15,891 shares during the period. Cornerstone Wealth Group LLC acquired a new position in iShares Morningstar Growth ETF in the 1st quarter worth $367,000. Leeward Financial Partners LLC acquired a new position in iShares Morningstar Growth ETF in the 1st quarter worth $215,000. Finally, Cornerstone Wealth Management LLC boosted its stake in iShares Morningstar Growth ETF by 2.4% in the 1st quarter. Cornerstone Wealth Management LLC now owns 116,897 shares of the company’s stock worth $8,823,000 after purchasing an additional 2,705 shares during the period.

iShares Morningstar Growth ETF Price Performance

Shares of NYSEARCA:ILCG opened at $85.75 on Friday. The company’s 50-day moving average price is $82.79 and its two-hundred day moving average price is $79.73. iShares Morningstar Growth ETF has a one year low of $57.26 and a one year high of $86.50. The stock has a market capitalization of $2.40 billion, a PE 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.