Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Free Report) saw unusually-strong trading volume on Thursday. 240,794 shares changed hands during mid-day trading, an increase of 196% from the previous session’s volume of 81,334 shares. The stock last traded at $118.19 and had previously closed at $120.05.
iShares Morningstar Growth ETF Stock Down 1.3%
The firm has a market capitalization of $3.25 billion, a PE ratio of 38.10 and a beta of 1.22. The company’s fifty day simple moving average is $115.97 and its 200 day simple moving average is $112.60.
Hedge Funds Weigh In On iShares Morningstar Growth ETF
A number of institutional investors and hedge funds have recently made changes to their positions in ILCG. NBT Bank N A NY raised its holdings 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 acquiring an additional 182 shares during the period. CX Institutional purchased a new position in shares of iShares Morningstar Growth ETF during the third quarter worth approximately $54,000. Signature Equity Partners LLC boosted its stake in shares of iShares Morningstar Growth ETF by 18.5% during the first quarter. Signature Equity Partners LLC now owns 684 shares of the company’s stock valued at $65,000 after purchasing an additional 107 shares in the last quarter. Parallel Advisors LLC lifted its position in iShares Morningstar Growth ETF by 164.5% during the first quarter. Parallel Advisors LLC now owns 939 shares of the company’s stock valued at $90,000 after acquiring an additional 584 shares during the last quarter. Finally, Pathway Financial Advisors LLC purchased a new stake in iShares Morningstar Growth ETF during the 2nd quarter worth approximately $206,000.
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.
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