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

Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw an uptick in trading volume on Friday . 45,688 shares were traded during mid-day trading, a decline of 29% from the previous session’s volume of 64,460 shares.The stock last traded at $71.64 and had previously closed at $72.25.

iShares Morningstar Growth ETF Price Performance

The company has a 50-day moving average of $74.28 and a 200 day moving average of $68.31. The company has a market cap of $2.02 billion, a PE ratio of 31.67 and a beta of 1.07.

Institutional Trading of iShares Morningstar Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Clearstead Advisors LLC purchased a new position in shares of iShares Morningstar Growth ETF during the third quarter valued at approximately $36,629,000. International Assets Investment Management LLC bought a new stake in shares of iShares Morningstar Growth ETF during the 4th quarter worth approximately $34,303,000. Morgan Stanley boosted its holdings in iShares Morningstar Growth ETF by 12.9% during the 3rd quarter. Morgan Stanley now owns 1,346,270 shares of the company’s stock valued at $80,305,000 after acquiring an additional 153,416 shares during the period. Jane Street Group LLC grew its position in iShares Morningstar Growth ETF by 766.2% in the 3rd quarter. Jane Street Group LLC now owns 162,178 shares of the company’s stock valued at $7,827,000 after acquiring an additional 143,454 shares during the last quarter. Finally, Sanctuary Wealth Management L.L.C. grew its position in iShares Morningstar Growth ETF by 733,364.7% in the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 124,689 shares of the company’s stock valued at $8,456,000 after acquiring an additional 124,672 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.