iShares Morningstar Growth ETF (NYSEARCA:ILCG) Hits New 1-Year High – Here’s Why

iShares Morningstar Growth ETF (NYSEARCA:ILCG) shares hit a new 52-week high on Thursday . The company traded as high as $85.19 and last traded at $85.12, with a volume of 13473 shares. The stock had previously closed at $84.97.

iShares Morningstar Growth ETF Stock Up 0.3 %

The firm has a market cap of $2.38 billion, a PE ratio of 38.76 and a beta of 1.24. The stock’s fifty day simple moving average is $81.34 and its two-hundred day simple moving average is $79.12.

Institutional Investors Weigh In On iShares Morningstar Growth ETF

A number of institutional investors have recently made changes to their positions in ILCG. Pineridge Advisors LLC bought a new position in iShares Morningstar Growth ETF in the 2nd quarter valued at approximately $25,000. Larson Financial Group LLC bought a new position in iShares Morningstar Growth ETF in the 2nd quarter valued at approximately $41,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares Morningstar Growth ETF in the 2nd quarter valued at approximately $121,000. Spectrum Wealth Advisory Group LLC bought a new position in iShares Morningstar Growth ETF in the 2nd quarter valued at approximately $204,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in iShares Morningstar Growth ETF in the 2nd quarter valued at approximately $208,000.

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.