Key Financial Inc Purchases 355 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Key Financial Inc grew its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 12.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 3,273 shares of the company’s stock after acquiring an additional 355 shares during the quarter. Key Financial Inc’s holdings in iShares Morningstar Growth ETF were worth $275,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC bought a new stake in iShares Morningstar Growth ETF during the second quarter worth about $25,000. Larson Financial Group LLC purchased a new position in shares of iShares Morningstar Growth ETF in the second quarter worth about $41,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Morningstar Growth ETF in the second quarter worth about $121,000. Spectrum Wealth Advisory Group LLC purchased a new position in shares of iShares Morningstar Growth ETF in the second quarter worth about $204,000. Finally, Mathes Company Inc. purchased a new position in shares of iShares Morningstar Growth ETF in the third quarter worth about $210,000.

iShares Morningstar Growth ETF Price Performance

NYSEARCA:ILCG traded up $0.75 during mid-day trading on Friday, reaching $84.63. 55,302 shares of the company’s stock traded hands, compared to its average volume of 81,903. iShares Morningstar Growth ETF has a 12-month low of $60.07 and a 12-month high of $87.05. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. The company has a 50 day moving average price of $83.32 and a 200-day moving average price of $80.23.

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.