iShares Morningstar Growth ETF (NYSEARCA:ILCG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw an uptick in trading volume on Tuesday . 439,827 shares changed hands during mid-day trading, an increase of 412% from the previous session’s volume of 85,843 shares.The stock last traded at $116.68 and had previously closed at $115.13.

iShares Morningstar Growth ETF Price Performance

The stock has a market cap of $3.11 billion, a P/E ratio of 38.10 and a beta of 1.22. The company has a fifty day moving average of $114.25 and a 200 day moving average of $106.31.

Institutional Trading of iShares Morningstar Growth ETF

Several institutional investors have recently modified their holdings of ILCG. NBT Bank N A NY boosted its stake in iShares Morningstar Growth ETF by 175.0% during the first quarter. NBT Bank N A NY now owns 286 shares of the company’s stock valued at $27,000 after buying an additional 182 shares in the last quarter. Caitlin John LLC bought a new stake in iShares Morningstar Growth ETF in the third quarter worth about $35,000. Parallel Advisors LLC bought a new stake in iShares Morningstar Growth ETF in the third quarter worth about $37,000. O Shaughnessy Asset Management LLC lifted its holdings in iShares Morningstar Growth ETF by 1,250.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock valued at $39,000 after acquiring an additional 350 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in iShares Morningstar Growth ETF in the 4th quarter valued at about $56,000.

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.