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

iShares Morningstar Growth ETF (NYSEARCA:ILCG) shares saw unusually-high trading volume on Tuesday . Approximately 134,688 shares traded hands during mid-day trading, an increase of 63% from the previous session’s volume of 82,786 shares.The stock last traded at $83.02 and had previously closed at $84.04.

iShares Morningstar Growth ETF Trading Down 1.8 %

The business has a 50 day simple moving average of $80.44 and a two-hundred day simple moving average of $78.62. The company has a market cap of $2.31 billion, a PE ratio of 38.76 and a beta of 1.24.

Hedge Funds Weigh In On iShares Morningstar Growth ETF

Several large investors have recently added to or reduced their stakes in ILCG. B. Riley Wealth Advisors Inc. boosted its holdings in shares of iShares Morningstar Growth ETF by 0.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 23,467 shares of the company’s stock valued at $1,771,000 after purchasing 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 first quarter. Blue Barn Wealth LLC now owns 8,736 shares of the company’s stock valued at $659,000 after acquiring an additional 149 shares during the last quarter. Madison Wealth Partners Inc grew its position in iShares Morningstar Growth ETF by 0.5% during the first quarter. Madison Wealth Partners Inc now owns 44,628 shares of the company’s stock valued at $3,368,000 after acquiring an additional 217 shares during the period. J.W. Cole Advisors Inc. increased its stake in iShares Morningstar Growth ETF by 4.4% during the first quarter. J.W. Cole Advisors Inc. now owns 7,263 shares of the company’s stock worth $548,000 after acquiring an additional 303 shares during the last quarter. Finally, Pineridge Advisors LLC purchased a new position in shares of iShares Morningstar Growth ETF in the 2nd quarter worth about $25,000.

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.