Cedar Point Capital Partners LLC trimmed its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report) by 11.7% during the fourth quarter, Holdings Channel reports. The fund owned 8,750 shares of the company’s stock after selling 1,155 shares during the period. Cedar Point Capital Partners LLC’s holdings in iShares Morningstar Growth ETF were worth $784,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at approximately $45,000. McCarthy & Cox bought a new stake in iShares Morningstar Growth ETF during the 4th quarter worth approximately $202,000. Mathes Company Inc. bought a new stake in iShares Morningstar Growth ETF during the 3rd quarter worth approximately $210,000. JGP Wealth Management LLC bought a new position in shares of iShares Morningstar Growth ETF in the 4th quarter worth $225,000. Finally, Park Avenue Securities LLC bought a new position in shares of iShares Morningstar Growth ETF in the 4th quarter worth $241,000.
iShares Morningstar Growth ETF Price Performance
Shares of NYSEARCA:ILCG opened at $93.56 on Thursday. iShares Morningstar Growth ETF has a one year low of $69.37 and a one year high of $94.13. The company’s fifty day moving average price is $90.91 and its 200-day moving average price is $85.54. The firm has a market capitalization of $2.62 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.
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Want to see what other hedge funds are holding ILCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report).
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