McHugh Group LLC Invests $227,000 in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

McHugh Group LLC acquired a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) during the fourth quarter, Holdings Channel reports. The firm acquired 2,530 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ILCG. MidAtlantic Capital Management Inc. bought a new position in iShares Morningstar Growth ETF during the 3rd quarter valued at $45,000. McCarthy & Cox bought a new position in iShares Morningstar Growth ETF during the fourth quarter valued at about $202,000. Mathes Company Inc. acquired a new position in iShares Morningstar Growth ETF during the third quarter worth about $210,000. JGP Wealth Management LLC bought a new stake in iShares Morningstar Growth ETF in the fourth quarter worth about $225,000. Finally, Park Avenue Securities LLC acquired a new stake in iShares Morningstar Growth ETF in the 4th quarter valued at about $241,000.

iShares Morningstar Growth ETF Price Performance

Shares of ILCG opened at $92.32 on Thursday. The firm’s 50 day moving average is $91.57 and its 200-day moving average is $86.17. iShares Morningstar Growth ETF has a 12-month low of $70.48 and a 12-month high of $94.61. The stock has a market capitalization of $2.58 billion, a P/E ratio of 38.76 and a beta of 1.24.

iShares Morningstar Growth ETF 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.