White Pine Investment CO Purchases 2,008 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

White Pine Investment CO lifted its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.0% in the 4th quarter, Holdings Channel reports. The fund owned 68,991 shares of the company’s stock after acquiring an additional 2,008 shares during the quarter. iShares Morningstar Growth ETF accounts for 1.7% of White Pine Investment CO’s holdings, making the stock its 25th biggest holding. White Pine Investment CO’s holdings in iShares Morningstar Growth ETF were worth $6,182,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in ILCG. JPMorgan Chase & Co. grew its stake in iShares Morningstar Growth ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 301,665 shares of the company’s stock worth $25,352,000 after purchasing an additional 15,527 shares during the period. MML Investors Services LLC boosted its holdings in shares of iShares Morningstar Growth ETF by 6.6% during the 3rd quarter. MML Investors Services LLC now owns 270,194 shares of the company’s stock valued at $22,707,000 after buying an additional 16,837 shares in the last quarter. LongView Wealth Management grew its position in shares of iShares Morningstar Growth ETF by 3.8% in the 4th quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock worth $12,784,000 after buying an additional 5,266 shares during the period. Cornerstone Wealth Management LLC increased its stake in shares of iShares Morningstar Growth ETF by 4.1% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 120,100 shares of the company’s stock worth $10,093,000 after acquiring an additional 4,725 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC lifted its position in iShares Morningstar Growth ETF by 6.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 99,858 shares of the company’s stock valued at $8,392,000 after acquiring an additional 6,223 shares during the period.

iShares Morningstar Growth ETF Stock Performance

Shares of ILCG opened at $92.45 on Wednesday. iShares Morningstar Growth ETF has a fifty-two week low of $69.37 and a fifty-two week high of $93.81. The firm’s 50-day simple moving average is $90.83 and its two-hundred day simple moving average is $85.48. The stock has a market cap of $2.58 billion, a PE 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.