iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 18,960 shares, a decline of 77.7% from the September 30th total of 84,958 shares. Based on an average trading volume of 85,716 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.
iShares Morningstar Growth ETF Trading Down 0.9%
iShares Morningstar Growth ETF stock opened at $113.81 on Friday. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a 12 month low of $91.26 and a 12 month high of $121.11. The stock’s 50 day moving average is $115.62 and its 200-day moving average is $110.37.
Institutional Trading of iShares Morningstar Growth ETF
Several institutional investors have recently added to or reduced their stakes in ILCG. Envestnet Asset Management Inc. boosted its stake in shares of iShares Morningstar Growth ETF by 71.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock valued at $119,558,000 after buying an additional 424,099 shares during the period. Cetera Investment Advisers grew its position in iShares Morningstar Growth ETF by 12.8% during the first quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock worth $56,916,000 after buying an additional 67,654 shares in the last quarter. FAS Wealth Partners Inc. grew its position in iShares Morningstar Growth ETF by 1.1% during the first quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock worth $56,605,000 after buying an additional 6,217 shares in the last quarter. Clearstead Trust LLC increased its stake in iShares Morningstar Growth ETF by 12.5% during the 1st quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock worth $53,265,000 after acquiring an additional 62,044 shares during the period. Finally, GM Advisory Group LLC increased its stake in iShares Morningstar Growth ETF by 6.8% during the 1st quarter. GM Advisory Group LLC now owns 356,056 shares of the company’s stock worth $33,996,000 after acquiring an additional 22,811 shares during the period.
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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