Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 376,576 shares traded hands during trading, an increase of 339% from the previous session’s volume of 85,757 shares.The stock last traded at $115.04 and had previously closed at $113.55.
iShares Morningstar Growth ETF Trading Up 0.1%
The stock’s 50-day moving average price is $104.98 and its 200-day moving average price is $104.01. The company has a market capitalization of $3.07 billion, a P/E ratio of 38.10 and a beta of 1.22.
Hedge Funds Weigh In On iShares Morningstar Growth ETF
Several institutional investors have recently made changes to their positions in the stock. LPL Financial LLC lifted its holdings in shares of iShares Morningstar Growth ETF by 6.7% in the 4th quarter. LPL Financial LLC now owns 1,381,151 shares of the company’s stock worth $143,695,000 after purchasing an additional 86,680 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares Morningstar Growth ETF by 794.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock worth $83,460,000 after buying an additional 712,505 shares during the period. Wells Fargo & Company MN increased its position in iShares Morningstar Growth ETF by 6.1% in the fourth quarter. Wells Fargo & Company MN now owns 718,042 shares of the company’s stock worth $74,705,000 after buying an additional 41,028 shares during the period. Cetera Investment Advisers lifted its stake in iShares Morningstar Growth ETF by 12.8% in the first quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock valued at $56,916,000 after buying an additional 67,654 shares during the last quarter. Finally, Clearstead Trust LLC lifted its stake in iShares Morningstar Growth ETF by 12.5% in the first quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock valued at $53,265,000 after buying an additional 62,044 shares during 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.
Featured Articles
- Five stocks we like better than iShares Morningstar Growth ETF
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
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.
