White Pine Investment CO Acquires New Shares in iShares Morningstar Growth ETF $ILCG

White Pine Investment CO acquired a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 74,925 shares of the company’s stock, valued at approximately $8,764,000. iShares Morningstar Growth ETF comprises approximately 1.7% of White Pine Investment CO’s investment portfolio, making the stock its 24th largest position. White Pine Investment CO owned approximately 0.27% of iShares Morningstar Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in 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 worth $119,558,000 after purchasing an additional 424,099 shares during the period. Cetera Investment Advisers raised its stake in iShares Morningstar Growth ETF by 12.8% during the 1st quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock valued at $56,916,000 after buying an additional 67,654 shares during the last quarter. FAS Wealth Partners Inc. raised its stake in iShares Morningstar Growth ETF by 1.1% during the 1st quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock valued at $56,605,000 after buying an additional 6,217 shares during the last quarter. Clearstead Trust LLC lifted its holdings in shares of iShares Morningstar Growth ETF by 12.5% during the 1st quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock valued at $53,265,000 after buying an additional 62,044 shares during the period. Finally, GM Advisory Group LLC lifted its holdings in shares of iShares Morningstar Growth ETF by 6.8% during the 1st quarter. GM Advisory Group LLC now owns 356,056 shares of the company’s stock valued at $33,996,000 after buying an additional 22,811 shares during the period.

iShares Morningstar Growth ETF Price Performance

NYSEARCA ILCG opened at $115.43 on Friday. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 1-year low of $91.26 and a 1-year high of $121.11. The business’s fifty day moving average price is $116.33 and its 200-day moving average price is $113.52.

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.