Cedar Point Capital Partners LLC Sells 295 Shares of iShares Morningstar Growth ETF $ILCG

Cedar Point Capital Partners LLC reduced its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,539 shares of the company’s stock after selling 295 shares during the period. Cedar Point Capital Partners LLC’s holdings in iShares Morningstar Growth ETF were worth $827,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Clearstead Trust LLC raised its position in iShares Morningstar Growth ETF by 4.9% during the 1st quarter. Clearstead Trust LLC now owns 506,592 shares of the company’s stock worth $41,029,000 after purchasing an additional 23,566 shares during the last quarter. McKinley Carter Wealth Services Inc. raised its position in shares of iShares Morningstar Growth ETF by 0.4% in the 2nd quarter. McKinley Carter Wealth Services Inc. now owns 461,073 shares of the company’s stock worth $44,678,000 after acquiring an additional 1,830 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares Morningstar Growth ETF by 1.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 425,461 shares of the company’s stock worth $34,458,000 after acquiring an additional 5,835 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of iShares Morningstar Growth ETF by 0.8% in the 1st quarter. Raymond James Financial Inc. now owns 308,228 shares of the company’s stock worth $24,963,000 after acquiring an additional 2,444 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Morningstar Growth ETF by 191.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 304,261 shares of the company’s stock worth $29,483,000 after acquiring an additional 199,835 shares in the last quarter.

iShares Morningstar Growth ETF Trading Up 0.8%

ILCG stock opened at $108.45 on Wednesday. The stock has a 50-day moving average price of $103.09 and a 200-day moving average price of $96.14. iShares Morningstar Growth ETF has a 1-year low of $69.47 and a 1-year high of $108.87. The firm has a market cap of $3.17 billion, a PE ratio of 38.10 and a beta of 1.16.

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.