Cedar Point Capital Partners LLC Has $784,000 Stock Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Cedar Point Capital Partners LLC reduced its stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 11.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased 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 valued at $25,352,000 after purchasing an additional 15,527 shares in the last quarter. MML Investors Services LLC increased its stake in iShares Morningstar Growth ETF by 6.6% in the third quarter. MML Investors Services LLC now owns 270,194 shares of the company’s stock valued at $22,707,000 after purchasing an additional 16,837 shares in the last quarter. LongView Wealth Management increased its stake in iShares Morningstar Growth ETF by 3.8% in the fourth quarter. LongView Wealth Management now owns 142,676 shares of the company’s stock valued at $12,784,000 after purchasing an additional 5,266 shares in the last quarter. Cornerstone Wealth Management LLC increased its stake in iShares Morningstar Growth ETF by 4.1% in the third quarter. Cornerstone Wealth Management LLC now owns 120,100 shares of the company’s stock valued at $10,093,000 after purchasing an additional 4,725 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in iShares Morningstar Growth ETF by 6.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 99,858 shares of the company’s stock valued at $8,392,000 after purchasing an additional 6,223 shares in the last quarter.

iShares Morningstar Growth ETF Trading Up 1.2 %

ILCG opened at $93.56 on Thursday. iShares Morningstar Growth ETF has a 1-year low of $69.37 and a 1-year high of $94.13. The company has a market cap of $2.62 billion, a P/E ratio of 38.76 and a beta of 1.24. The company has a fifty day moving average price of $90.91 and a two-hundred day moving average price of $85.54.

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.