iShares Morningstar Growth ETF (NYSEARCA:ILCG) Sets New 1-Year High – Here’s What Happened

Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $110.66 and last traded at $110.59, with a volume of 53659 shares traded. The stock had previously closed at $110.15.

iShares Morningstar Growth ETF Trading Up 0.4%

The stock’s 50-day simple moving average is $101.03 and its 200-day simple moving average is $103.08. The firm has a market capitalization of $2.94 billion, a P/E ratio of 38.10 and a beta of 1.20.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ILCG. Northwestern Mutual Wealth Management Co. grew its stake in iShares Morningstar Growth ETF by 794.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 802,192 shares of the company’s stock valued at $83,460,000 after purchasing an additional 712,505 shares during the period. Valpey Financial Services LLC grew its stake in iShares Morningstar Growth ETF by 10,289.4% in the 4th quarter. Valpey Financial Services LLC now owns 474,901 shares of the company’s stock valued at $49,409,000 after purchasing an additional 470,330 shares during the period. AdvisorShares Investments LLC bought a new position in iShares Morningstar Growth ETF in the 3rd quarter valued at $41,913,000. B&D White Capital Company LLC grew its stake in iShares Morningstar Growth ETF by 39.4% in the 3rd quarter. B&D White Capital Company LLC now owns 485,997 shares of the company’s stock valued at $50,689,000 after purchasing an additional 137,302 shares during the period. Finally, Private Advisor Group LLC grew its stake in iShares Morningstar Growth ETF by 376.5% in the 3rd quarter. Private Advisor Group LLC now owns 113,848 shares of the company’s stock valued at $11,874,000 after purchasing an additional 89,955 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.