Merited Wealth LLC Takes $490,000 Position in iShares Morningstar Growth ETF $ILCG

Merited Wealth LLC purchased a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the first quarter, Holdings Channel reports. The firm purchased 5,129 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds have also bought and sold shares of ILCG. Kestra Private Wealth Services LLC grew its stake in iShares Morningstar Growth ETF by 0.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,096 shares of the company’s stock valued at $1,059,000 after purchasing an additional 96 shares during the period. Savant Capital LLC raised its stake in shares of iShares Morningstar Growth ETF by 0.4% during the 4th quarter. Savant Capital LLC now owns 26,769 shares of the company’s stock worth $2,785,000 after purchasing an additional 107 shares during the period. Fifth Third Bancorp boosted its holdings in shares of iShares Morningstar Growth ETF by 5.9% in the 4th quarter. Fifth Third Bancorp now owns 1,960 shares of the company’s stock worth $204,000 after buying an additional 110 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of iShares Morningstar Growth ETF by 23.8% in the 4th quarter. Spire Wealth Management now owns 630 shares of the company’s stock worth $66,000 after buying an additional 121 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of iShares Morningstar Growth ETF by 1.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 9,343 shares of the company’s stock worth $974,000 after buying an additional 128 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

ILCG opened at $115.66 on Thursday. iShares Morningstar Growth ETF has a fifty-two week low of $91.26 and a fifty-two week high of $120.57. The firm has a 50-day moving average of $114.57 and a 200 day moving average of $106.47. The firm has a market cap of $3.16 billion, a P/E ratio of 38.10 and a beta of 1.22.

About iShares Morningstar Growth ETF

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.