Crewe Advisors LLC Cuts Stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Crewe Advisors LLC reduced its stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 7.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,740 shares of the company’s stock after selling 135 shares during the period. Crewe Advisors LLC’s holdings in iShares Morningstar Growth ETF were worth $156,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Key Financial Inc boosted its position in shares of iShares Morningstar Growth ETF by 12.2% during the 3rd quarter. Key Financial Inc now owns 3,273 shares of the company’s stock valued at $275,000 after acquiring an additional 355 shares during the last quarter. Global Retirement Partners LLC boosted its position in shares of iShares Morningstar Growth ETF by 6.2% during the 3rd quarter. Global Retirement Partners LLC now owns 6,772 shares of the company’s stock valued at $569,000 after acquiring an additional 393 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC boosted its position in shares of iShares Morningstar Growth ETF by 9.2% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 5,638 shares of the company’s stock valued at $505,000 after acquiring an additional 474 shares during the last quarter. Sigma Planning Corp boosted its position in shares of iShares Morningstar Growth ETF by 4.0% during the 3rd quarter. Sigma Planning Corp now owns 12,773 shares of the company’s stock valued at $1,073,000 after acquiring an additional 492 shares during the last quarter. Finally, Cornerstone Wealth Management LLC boosted its position in shares of iShares Morningstar Growth ETF by 0.4% during the 4th quarter. Cornerstone Wealth Management LLC now owns 120,602 shares of the company’s stock valued at $10,806,000 after acquiring an additional 502 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA ILCG opened at $92.32 on Thursday. The company has a market capitalization of $2.58 billion, a P/E ratio of 38.76 and a beta of 1.24. iShares Morningstar Growth ETF has a one year low of $70.48 and a one year high of $94.61. The stock has a 50 day moving average price of $91.57 and a 200-day moving average price of $86.17.

iShares Morningstar Growth ETF Company 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.