Truist Financial Corp Sells 2,440 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Truist Financial Corp lowered its position in iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 7.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 29,540 shares of the company’s stock after selling 2,440 shares during the period. Truist Financial Corp owned about 0.11% of iShares Morningstar Growth ETF worth $2,647,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new stake in iShares Morningstar Growth ETF in the 3rd quarter worth $45,000. McCarthy & Cox purchased a new stake in shares of iShares Morningstar Growth ETF during the 4th quarter valued at about $202,000. Mathes Company Inc. bought a new position in iShares Morningstar Growth ETF during the 3rd quarter valued at about $210,000. JGP Wealth Management LLC bought a new position in iShares Morningstar Growth ETF during the 4th quarter valued at about $225,000. Finally, McHugh Group LLC bought a new position in iShares Morningstar Growth ETF in the 4th quarter worth about $227,000.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG stock opened at $88.55 on Wednesday. The company has a market capitalization of $2.47 billion, a P/E ratio of 38.76 and a beta of 1.24. The company’s 50-day simple moving average is $91.60 and its two-hundred day simple moving average is $87.63. iShares Morningstar Growth ETF has a one year low of $70.48 and a one year high of $94.61.

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.