Strategic Financial Concepts LLC Acquires 30,919 Shares of iShares Morningstar Growth ETF $ILCG

Strategic Financial Concepts LLC boosted its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 271.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,306 shares of the company’s stock after buying an additional 30,919 shares during the quarter. iShares Morningstar Growth ETF accounts for 4.0% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 2nd largest position. Strategic Financial Concepts LLC owned approximately 0.15% of iShares Morningstar Growth ETF worth $4,402,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Caitlin John LLC acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth approximately $35,000. Parallel Advisors LLC acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth approximately $37,000. Cornerstone Planning Group LLC acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth approximately $64,000. Spire Wealth Management lifted its holdings in iShares Morningstar Growth ETF by 23.8% during the 4th quarter. Spire Wealth Management now owns 630 shares of the company’s stock worth $66,000 after buying an additional 121 shares in the last quarter. Finally, Wealth Watch Advisors INC acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth approximately $107,000.

iShares Morningstar Growth ETF Stock Up 0.1%

iShares Morningstar Growth ETF stock opened at $115.59 on Friday. The firm has a market cap of $3.07 billion, a PE ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 52-week low of $88.66 and a 52-week high of $117.43. The company’s 50 day moving average is $105.27 and its two-hundred day moving average is $104.10.

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.