iShares Morningstar Growth ETF (NYSEARCA:ILCG) Sees Large Volume Increase

Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw strong trading volume on Monday . 329,677 shares were traded during mid-day trading, an increase of 297% from the previous session’s volume of 83,028 shares.The stock last traded at $73.76 and had previously closed at $76.69.

iShares Morningstar Growth ETF Price Performance

The company has a market cap of $2.07 billion, a P/E ratio of 38.76 and a beta of 1.24. The stock’s 50-day moving average price is $80.68 and its 200-day moving average price is $76.29.

Institutional Investors Weigh In On iShares Morningstar Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of ILCG. B. Riley Wealth Advisors Inc. increased its stake in shares of iShares Morningstar Growth ETF by 0.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 23,467 shares of the company’s stock valued at $1,771,000 after purchasing an additional 146 shares during the last quarter. Blue Barn Wealth LLC grew its stake in shares of iShares Morningstar Growth ETF by 1.7% during the first quarter. Blue Barn Wealth LLC now owns 8,736 shares of the company’s stock worth $659,000 after buying an additional 149 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of iShares Morningstar Growth ETF by 6.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 2,550 shares of the company’s stock worth $173,000 after buying an additional 150 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its stake in shares of iShares Morningstar Growth ETF by 1.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 17,075 shares of the company’s stock valued at $1,158,000 after acquiring an additional 200 shares during the last quarter. Finally, Madison Wealth Partners Inc boosted its holdings in shares of iShares Morningstar Growth ETF by 0.5% during the 1st quarter. Madison Wealth Partners Inc now owns 44,628 shares of the company’s stock valued at $3,368,000 after acquiring an additional 217 shares in the last quarter.

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.