iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $110.39 and traded as low as $108.80. iShares Morningstar Growth ETF shares last traded at $110.04, with a volume of 77,838 shares.
iShares Morningstar Growth ETF Stock Performance
The business’s 50 day moving average is $115.53 and its 200-day moving average is $110.39. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22.
Institutional Investors Weigh In On iShares Morningstar Growth ETF
A number of hedge funds have recently bought and sold shares of ILCG. Envestnet Asset Management Inc. increased its stake in iShares Morningstar Growth ETF by 71.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock valued at $119,558,000 after acquiring an additional 424,099 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares Morningstar Growth ETF by 12.8% in the 1st quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock worth $56,916,000 after acquiring an additional 67,654 shares during the period. FAS Wealth Partners Inc. grew its holdings in shares of iShares Morningstar Growth ETF by 1.1% during the 1st quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock worth $56,605,000 after purchasing an additional 6,217 shares in the last quarter. Clearstead Trust LLC grew its holdings in shares of 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 purchasing an additional 62,044 shares in the last quarter. Finally, GM Advisory Group LLC grew its holdings in shares of 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 purchasing an additional 22,811 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.
Further Reading
- Five stocks we like better than iShares Morningstar Growth ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for iShares Morningstar Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
