iShares Morningstar Growth ETF (NYSEARCA:ILCG) Reaches New 1-Year High at $82.74

iShares Morningstar Growth ETF (NYSEARCA:ILCG)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $82.74 and last traded at $82.74, with a volume of 1988 shares changing hands. The stock had previously closed at $82.11.

iShares Morningstar Growth ETF Stock Down 0.9 %

The firm has a fifty day moving average of $77.39 and a 200-day moving average of $73.70. The firm has a market cap of $2.28 billion, a P/E ratio of 38.76 and a beta of 1.24.

Hedge Funds Weigh In On iShares Morningstar Growth ETF

Hedge funds have recently added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. boosted its holdings in iShares Morningstar Growth ETF by 733,364.7% in the fourth 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. Arcus Capital Partners LLC acquired a new position in iShares Morningstar Growth ETF in the fourth quarter valued at about $198,000. UBS Group AG lifted its stake in iShares Morningstar Growth ETF by 0.9% in the fourth quarter. UBS Group AG now owns 349,295 shares of the company’s stock valued at $23,689,000 after buying an additional 3,016 shares during the period. Woodard & Co. Asset Management Group Inc. ADV lifted its stake in iShares Morningstar Growth ETF by 220.0% in the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 78,477 shares of the company’s stock valued at $5,322,000 after buying an additional 53,956 shares during the period. Finally, Merit Financial Group LLC lifted its stake in iShares Morningstar Growth ETF by 1.0% in the fourth quarter. Merit Financial Group LLC now owns 49,171 shares of the company’s stock valued at $3,335,000 after buying an additional 476 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.