Thrivent Financial for Lutherans Acquires New Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Thrivent Financial for Lutherans bought a new position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, Holdings Channel reports. The firm bought 2,789 shares of the company’s stock, valued at approximately $251,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ILCG. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares Morningstar Growth ETF in the fourth quarter worth $39,000. Synergy Investment Management LLC acquired a new position in iShares Morningstar Growth ETF during the 4th quarter worth $140,000. McCarthy & Cox acquired a new position in iShares Morningstar Growth ETF during the 4th quarter worth $202,000. Elevation Capital Advisory LLC bought a new position in shares of iShares Morningstar Growth ETF in the fourth quarter worth about $208,000. Finally, Good Life Advisors LLC acquired a new position in shares of iShares Morningstar Growth ETF during the 4th quarter worth about $215,000.

iShares Morningstar Growth ETF Stock Down 6.0 %

Shares of NYSEARCA ILCG opened at $73.13 on Friday. iShares Morningstar Growth ETF has a 12 month low of $70.48 and a 12 month high of $94.61. The company has a market cap of $1.98 billion, a P/E ratio of 32.45 and a beta of 1.13. The business’s 50 day moving average is $87.14 and its two-hundred day moving average is $88.02.

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.