Family Investment Center Inc. Reduces Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Family Investment Center Inc. reduced its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,475 shares of the company’s stock after selling 127 shares during the period. Family Investment Center Inc.’s holdings in iShares Morningstar Growth ETF were worth $292,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of iShares Morningstar Growth ETF by 7.8% during the 2nd quarter. LPL Financial LLC now owns 1,361,772 shares of the company’s stock valued at $110,862,000 after buying an additional 98,743 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Morningstar Growth ETF by 1,453.5% in the second quarter. Strategic Financial Concepts LLC now owns 853,847 shares of the company’s stock worth $695,000 after purchasing an additional 798,883 shares during the period. AdvisorShares Investments LLC purchased a new stake in shares of iShares Morningstar Growth ETF in the second quarter worth $40,618,000. Commonwealth Equity Services LLC raised its position in shares of iShares Morningstar Growth ETF by 6.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 472,360 shares of the company’s stock valued at $38,455,000 after purchasing an additional 30,539 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Morningstar Growth ETF by 56.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 295,269 shares of the company’s stock valued at $24,038,000 after purchasing an additional 106,146 shares during the period.

iShares Morningstar Growth ETF Stock Performance

Shares of iShares Morningstar Growth ETF stock opened at $86.10 on Monday. iShares Morningstar Growth ETF has a fifty-two week low of $57.26 and a fifty-two week high of $86.88. The company has a market capitalization of $2.41 billion, a P/E ratio of 38.76 and a beta of 1.24. The company has a fifty day moving average of $82.98 and a 200 day moving average of $79.92.

About iShares Morningstar Growth ETF

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.