Wealthquest Corp Trims Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Wealthquest Corp decreased its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.7% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,409 shares of the company’s stock after selling 401 shares during the quarter. Wealthquest Corp’s holdings in iShares Morningstar Growth ETF were worth $863,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ILCG. Sequoia Financial Advisors LLC raised its holdings in iShares Morningstar Growth ETF by 15.3% during the second quarter. Sequoia Financial Advisors LLC now owns 3,775 shares of the company’s stock valued at $307,000 after acquiring an additional 500 shares during the period. Raymond James & Associates lifted its holdings in iShares Morningstar Growth ETF by 12.4% in the 2nd quarter. Raymond James & Associates now owns 99,945 shares of the company’s stock worth $8,137,000 after purchasing an additional 11,036 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in iShares Morningstar Growth ETF by 56.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock worth $24,038,000 after purchasing an additional 106,146 shares during the period. LongView Wealth Management grew its holdings in iShares Morningstar Growth ETF by 10.3% during the 2nd quarter. LongView Wealth Management now owns 123,747 shares of the company’s stock valued at $10,074,000 after buying an additional 11,560 shares in the last quarter. Finally, White Pine Investment CO raised its position in shares of iShares Morningstar Growth ETF by 0.7% during the second quarter. White Pine Investment CO now owns 65,070 shares of the company’s stock valued at $5,297,000 after buying an additional 460 shares during the last quarter.

iShares Morningstar Growth ETF Stock Performance

Shares of NYSEARCA:ILCG opened at $93.44 on Thursday. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24. The firm has a fifty day moving average price of $87.82 and a 200 day moving average price of $83.26. iShares Morningstar Growth ETF has a fifty-two week low of $65.61 and a fifty-two week high of $93.55.

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.