iShares Morningstar Growth ETF (NYSEARCA:ILCG) Hits New 1-Year High – Still a Buy?

Posted by Oscar Bower on Dec 2nd, 2024

iShares Morningstar Growth ETF (NYSEARCA:ILCG – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $90.75 and last traded at $90.74, with a volume of 3372 shares traded. The stock had previously closed at $90.12.

iShares Morningstar Growth ETF Stock Up 0.8 %

The company has a 50-day simple moving average of $86.45 and a two-hundred day simple moving average of $82.45. The stock has a market cap of $2.54 billion, a P/E ratio of 38.76 and a beta of 1.24.

Hedge Funds Weigh In On iShares Morningstar Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ILCG. Pineridge Advisors LLC bought a new position in shares of iShares Morningstar Growth ETF during the second quarter valued at approximately $25,000. Larson Financial Group LLC bought a new position in shares of iShares Morningstar Growth ETF during the second quarter valued at approximately $41,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares Morningstar Growth ETF during the third quarter valued at approximately $45,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Morningstar Growth ETF during the second quarter valued at approximately $121,000. Finally, Spectrum Wealth Advisory Group LLC purchased a new stake in iShares Morningstar Growth ETF in the second quarter worth $204,000.

iShares Morningstar Growth ETF Company Profile

(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.