Outlook Wealth Advisors LLC Buys New Holdings in iShares Morningstar Growth ETF $ILCG

Outlook Wealth Advisors LLC bought a new position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,031 shares of the company’s stock, valued at approximately $705,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of iShares Morningstar Growth ETF by 71.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock valued at $119,558,000 after buying an additional 424,099 shares during the period. McKinley Carter Wealth Services Inc. acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth $32,337,000. Park Avenue Securities LLC acquired a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth $20,633,000. Prime Capital Investment Advisors LLC bought a new position in iShares Morningstar Growth ETF during the third quarter worth about $14,663,000. Finally, Investors Research Corp bought a new position in iShares Morningstar Growth ETF during the third quarter worth about $10,674,000.

iShares Morningstar Growth ETF Trading Down 3.3%

NYSEARCA:ILCG opened at $110.04 on Friday. iShares Morningstar Growth ETF has a 1 year low of $91.26 and a 1 year high of $121.11. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. The stock has a 50-day moving average price of $115.53 and a two-hundred day moving average price of $110.39.

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.