iShares Morningstar Growth ETF (NYSEARCA:ILCG) Hits New 52-Week High – What’s Next?

Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $115.15 and last traded at $115.00, with a volume of 29821 shares traded. The stock had previously closed at $114.82.

iShares Morningstar Growth ETF Price Performance

The firm has a 50 day simple moving average of $102.19 and a 200-day simple moving average of $103.40. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22.

Institutional Investors Weigh In On iShares Morningstar Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NBT Bank N A NY increased 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 worth $27,000 after acquiring an additional 182 shares during the last quarter. Caitlin John LLC acquired a new stake in iShares Morningstar Growth ETF during the third quarter worth $35,000. Parallel Advisors LLC acquired a new stake in shares of iShares Morningstar Growth ETF in the third quarter valued at $37,000. O Shaughnessy Asset Management LLC grew its stake in shares of iShares Morningstar Growth ETF by 1,250.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock valued at $39,000 after buying an additional 350 shares in the last quarter. Finally, Spire Wealth Management acquired a new stake in shares of iShares Morningstar Growth ETF in the third quarter valued at $53,000.

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.