Investors Research Corp bought a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 91,256 shares of the company’s stock, valued at approximately $10,674,000. iShares Morningstar Growth ETF makes up approximately 1.8% of Investors Research Corp’s portfolio, making the stock its 13th largest position.
Other institutional investors have also added to or reduced their stakes in the company. NBT Bank N A NY increased its stake in iShares Morningstar Growth ETF by 175.0% in the 1st 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. CX Institutional bought a new position in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at approximately $54,000. Signature Equity Partners LLC boosted its position in shares of iShares Morningstar Growth ETF by 18.5% during the 1st quarter. Signature Equity Partners LLC now owns 684 shares of the company’s stock valued at $65,000 after acquiring an additional 107 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of iShares Morningstar Growth ETF by 164.5% in the first quarter. Parallel Advisors LLC now owns 939 shares of the company’s stock valued at $90,000 after purchasing an additional 584 shares in the last quarter. Finally, Pathway Financial Advisors LLC purchased a new position in shares of iShares Morningstar Growth ETF in the second quarter valued at $206,000.
iShares Morningstar Growth ETF Trading Down 0.4%
ILCG traded down $0.51 during trading hours on Wednesday, hitting $120.05. The company’s stock had a trading volume of 48,120 shares, compared to its average volume of 80,629. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. The business’s 50-day moving average price is $115.73 and its 200-day moving average price is $112.44. iShares Morningstar Growth ETF has a 12 month low of $91.26 and a 12 month high of $121.11.
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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