Spectrum Wealth Advisory Group LLC Trims Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Spectrum Wealth Advisory Group LLC cut its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 8.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,280 shares of the company’s stock after selling 220 shares during the quarter. Spectrum Wealth Advisory Group LLC’s holdings in iShares Morningstar Growth ETF were worth $204,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ILCG. Strategic Financial Concepts LLC grew its position in shares of iShares Morningstar Growth ETF by 8,239.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 838,896 shares of the company’s stock valued at $75,165,000 after purchasing an additional 828,837 shares in the last quarter. Aptus Capital Advisors LLC purchased a new position in iShares Morningstar Growth ETF during the third quarter worth about $7,148,000. Jim Saulnier & Associates LLC purchased a new position in iShares Morningstar Growth ETF during the third quarter worth about $2,569,000. Win Advisors Inc. grew its position in iShares Morningstar Growth ETF by 435.0% during the fourth quarter. Win Advisors Inc. now owns 26,618 shares of the company’s stock worth $2,385,000 after buying an additional 21,643 shares in the last quarter. Finally, Swmg LLC purchased a new position in iShares Morningstar Growth ETF during the third quarter worth about $1,565,000.

iShares Morningstar Growth ETF Stock Up 0.2 %

iShares Morningstar Growth ETF stock opened at $93.51 on Friday. iShares Morningstar Growth ETF has a 52 week low of $70.48 and a 52 week high of $94.61. The business has a 50-day simple moving average of $91.77 and a 200 day simple moving average of $86.81. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24.

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.