iShares Morningstar Growth ETF (NYSEARCA:ILCG) Sees Strong Trading Volume

iShares Morningstar Growth ETF (NYSEARCA:ILCG) saw an uptick in trading volume on Friday . 200,969 shares traded hands during mid-day trading, an increase of 217% from the previous session’s volume of 63,300 shares.The stock last traded at $74.61 and had previously closed at $75.78.

iShares Morningstar Growth ETF Trading Down 1.4 %

The firm has a market capitalization of $2.12 billion, a PE ratio of 31.67 and a beta of 1.07. The business has a 50-day moving average of $74.23 and a 200 day moving average of $68.00.

Institutional Investors Weigh In On iShares Morningstar Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of ILCG. Harbor Investment Advisory LLC increased its position in shares of iShares Morningstar Growth ETF by 6.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 2,550 shares of the company’s stock valued at $173,000 after purchasing an additional 150 shares during the last quarter. Sunbelt Securities Inc. increased its position in shares of iShares Morningstar Growth ETF by 3.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 5,452 shares of the company’s stock valued at $325,000 after purchasing an additional 162 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of iShares Morningstar Growth ETF by 5.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,883 shares of the company’s stock valued at $263,000 after purchasing an additional 187 shares during the last quarter. HighTower Advisors LLC increased its position in shares of iShares Morningstar Growth ETF by 0.7% during the 1st quarter. HighTower Advisors LLC now owns 28,328 shares of the company’s stock valued at $1,567,000 after purchasing an additional 190 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC increased its position in shares of iShares Morningstar Growth ETF by 0.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 73,723 shares of the company’s stock valued at $4,398,000 after purchasing an additional 200 shares during the last quarter.

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.