Focus Financial Network Inc. Trims Stock Holdings in iShares Morningstar Growth ETF $ILCG

Focus Financial Network Inc. lowered its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 26.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,594 shares of the company’s stock after selling 5,665 shares during the quarter. Focus Financial Network Inc. owned about 0.06% of iShares Morningstar Growth ETF worth $1,825,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares Morningstar Growth ETF by 794.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock valued at $83,460,000 after acquiring an additional 712,505 shares during the period. Valpey Financial Services LLC raised its stake in iShares Morningstar Growth ETF by 10,289.4% during the 4th quarter. Valpey Financial Services LLC now owns 474,901 shares of the company’s stock worth $49,409,000 after acquiring an additional 470,330 shares during the period. LPL Financial LLC lifted its holdings in iShares Morningstar Growth ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 1,381,151 shares of the company’s stock valued at $143,695,000 after purchasing an additional 86,680 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in iShares Morningstar Growth ETF by 949.7% during the fourth quarter. Farther Finance Advisors LLC now owns 79,438 shares of the company’s stock valued at $8,265,000 after purchasing an additional 71,870 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in iShares Morningstar Growth ETF by 12.8% during the first quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock valued at $56,916,000 after purchasing an additional 67,654 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

ILCG opened at $116.76 on Wednesday. The company has a 50 day simple moving average of $114.63 and a two-hundred day simple moving average of $108.46. The firm has a market cap of $3.25 billion, a P/E ratio of 38.10 and a beta of 1.23. iShares Morningstar Growth ETF has a 1-year low of $91.26 and a 1-year high of $120.57.

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.