Stifel Financial Corp Lowers Position in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Stifel Financial Corp reduced its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 7.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,445 shares of the company’s stock after selling 4,394 shares during the period. Stifel Financial Corp’s holdings in iShares Morningstar Growth ETF were worth $4,491,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF during the 2nd quarter worth $25,000. J.W. Cole Advisors Inc. boosted its holdings in iShares Morningstar Growth ETF by 4.4% during the second quarter. J.W. Cole Advisors Inc. now owns 7,582 shares of the company’s stock worth $617,000 after buying an additional 319 shares in the last quarter. Key Financial Inc grew its position in iShares Morningstar Growth ETF by 12.2% during the third quarter. Key Financial Inc now owns 3,273 shares of the company’s stock worth $275,000 after buying an additional 355 shares during the period. Global Retirement Partners LLC increased its holdings in iShares Morningstar Growth ETF by 6.2% in the third quarter. Global Retirement Partners LLC now owns 6,772 shares of the company’s stock valued at $569,000 after buying an additional 393 shares in the last quarter. Finally, White Pine Investment CO lifted its position in shares of iShares Morningstar Growth ETF by 0.7% during the 2nd quarter. White Pine Investment CO now owns 65,070 shares of the company’s stock valued at $5,297,000 after acquiring an additional 460 shares during the period.

iShares Morningstar Growth ETF Price Performance

ILCG opened at $92.81 on Monday. iShares Morningstar Growth ETF has a 1-year low of $65.61 and a 1-year high of $93.55. The stock has a market cap of $2.59 billion, a P/E ratio of 38.76 and a beta of 1.24. The stock’s 50 day simple moving average is $88.19 and its 200 day simple moving average is $83.51.

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.