iShares Morningstar Growth ETF (NYSEARCA:ILCG) Sees Strong Trading Volume – Still a Buy?

iShares Morningstar Growth ETF (NYSEARCA:ILCGGet Free Report) saw unusually-strong trading volume on Thursday . 375,405 shares traded hands during mid-day trading, an increase of 348% from the previous session’s volume of 83,856 shares.The stock last traded at $115.26 and had previously closed at $115.45.

iShares Morningstar Growth ETF Price Performance

The firm has a market capitalization of $3.20 billion, a P/E ratio of 38.10 and a beta of 1.23. The stock’s fifty day simple moving average is $114.87 and its 200 day simple moving average is $108.97.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ILCG. NBT Bank N A NY grew its holdings in iShares Morningstar Growth ETF by 175.0% in the first quarter. NBT Bank N A NY now owns 286 shares of the company’s stock worth $27,000 after purchasing an additional 182 shares during the last quarter. Parallel Advisors LLC purchased a new stake in shares of iShares Morningstar Growth ETF during the 3rd quarter valued at $37,000. O Shaughnessy Asset Management LLC boosted its position in shares of iShares Morningstar Growth ETF by 1,250.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 378 shares of the company’s stock worth $39,000 after purchasing an additional 350 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Morningstar Growth ETF in the 4th quarter worth $56,000. Finally, Signature Equity Partners LLC grew its stake in iShares Morningstar Growth ETF by 18.5% during the 1st quarter. Signature Equity Partners LLC now owns 684 shares of the company’s stock worth $65,000 after buying an additional 107 shares during the last quarter.

About iShares Morningstar Growth ETF

(Get Free Report)

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.

Read More

Receive News & Ratings for iShares Morningstar Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.