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

Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw strong trading volume on Monday . 221,089 shares traded hands during mid-day trading, an increase of 199% from the previous session’s volume of 73,969 shares.The stock last traded at $81.37 and had previously closed at $81.41.

iShares Morningstar Growth ETF Stock Performance

The business has a 50-day moving average price of $77.81 and a 200 day moving average price of $73.96. The stock has a market capitalization of $2.31 billion, a P/E ratio of 38.76 and a beta of 1.24.

Institutional Trading of iShares Morningstar Growth ETF

Hedge funds have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. raised its stake in iShares Morningstar Growth ETF by 0.6% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 23,467 shares of the company’s stock valued at $1,771,000 after buying an additional 146 shares during the last quarter. Blue Barn Wealth LLC boosted its holdings in iShares Morningstar Growth ETF by 1.7% in the 1st 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 period. Harbor Investment Advisory LLC boosted its holdings in iShares Morningstar Growth ETF by 6.3% in the 4th quarter. Harbor Investment Advisory LLC now owns 2,550 shares of the company’s stock worth $173,000 after buying an additional 150 shares during the period. Sunbelt Securities Inc. boosted its holdings in iShares Morningstar Growth ETF by 3.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,452 shares of the company’s stock worth $325,000 after buying an additional 162 shares during the period. Finally, Gladstone Institutional Advisory LLC boosted its holdings in 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 worth $1,158,000 after buying an additional 200 shares during the period.

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.