GenWealth Group Inc. Buys 30,463 Shares of iShares Morningstar Growth ETF $ILCG

GenWealth Group Inc. purchased a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,463 shares of the company’s stock, valued at approximately $3,563,000. iShares Morningstar Growth ETF makes up about 0.6% of GenWealth Group Inc.’s holdings, making the stock its 28th largest holding. GenWealth Group Inc. owned 0.11% of iShares Morningstar Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. NBT Bank N A NY raised its position in shares of iShares Morningstar Growth ETF by 175.0% in the first quarter. NBT Bank N A NY now owns 286 shares of the company’s stock worth $27,000 after acquiring an additional 182 shares during the period. CX Institutional purchased a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter worth about $54,000. Signature Equity Partners LLC boosted its stake in shares of iShares Morningstar Growth ETF by 18.5% during the 1st quarter. Signature Equity Partners LLC now owns 684 shares of the company’s stock worth $65,000 after acquiring an additional 107 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares Morningstar Growth ETF by 164.5% during the 1st quarter. Parallel Advisors LLC now owns 939 shares of the company’s stock worth $90,000 after acquiring an additional 584 shares in the last quarter. Finally, Atwood & Palmer Inc. acquired a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at about $132,000.

iShares Morningstar Growth ETF Stock Down 2.1%

NYSEARCA:ILCG opened at $113.04 on Friday. iShares Morningstar Growth ETF has a 52 week low of $91.26 and a 52 week high of $121.11. The stock’s 50-day moving average price is $116.24 and its 200-day moving average price is $113.51. The stock has a market capitalization of $3.08 billion, a PE ratio of 38.10 and a beta of 1.22.

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.