iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Free Report) saw unusually-high trading volume on Monday . Approximately 71,201 shares changed hands during trading, a decline of 17% from the previous session’s volume of 85,353 shares.The stock last traded at $77.01 and had previously closed at $77.03.
iShares Morningstar Growth ETF Stock Performance
The company has a 50 day moving average price of $80.56 and a 200 day moving average price of $76.45. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV acquired a new position in iShares Morningstar Growth ETF during the 2nd quarter worth about $386,000. Prime Capital Investment Advisors LLC lifted its position in shares of iShares Morningstar Growth ETF by 4.5% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 93,635 shares of the company’s stock worth $7,623,000 after purchasing an additional 3,999 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of iShares Morningstar Growth ETF by 4.4% during the second quarter. J.W. Cole Advisors Inc. now owns 7,582 shares of the company’s stock worth $617,000 after purchasing an additional 319 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Morningstar Growth ETF by 7.8% in the second quarter. LPL Financial LLC now owns 1,361,772 shares of the company’s stock valued at $110,862,000 after buying an additional 98,743 shares during the last quarter. Finally, AdvisorShares Investments LLC acquired a new stake in iShares Morningstar Growth ETF in the second quarter valued at $40,618,000.
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.
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