iShares Morningstar Growth ETF (NYSEARCA:ILCG) Hits New 1-Year High at $83.69

iShares Morningstar Growth ETF (NYSEARCA:ILCG) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $83.69 and last traded at $83.69, with a volume of 4456 shares changing hands. The stock had previously closed at $83.42.

iShares Morningstar Growth ETF Price Performance

The company’s fifty day moving average price is $78.25 and its 200-day moving average price is $74.09. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24.

Institutional Investors Weigh In On iShares Morningstar Growth ETF

A number of large investors have recently made changes to their positions in ILCG. Sanctuary Wealth Management L.L.C. boosted its position in iShares Morningstar Growth ETF by 733,364.7% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 124,689 shares of the company’s stock valued at $8,456,000 after buying an additional 124,672 shares during the last quarter. Arcus Capital Partners LLC acquired a new stake in shares of iShares Morningstar Growth ETF in the fourth quarter worth $198,000. UBS Group AG raised its holdings in shares of iShares Morningstar Growth ETF by 0.9% during the fourth quarter. UBS Group AG now owns 349,295 shares of the company’s stock worth $23,689,000 after purchasing an additional 3,016 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV lifted its position in iShares Morningstar Growth ETF by 220.0% during the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 78,477 shares of the company’s stock valued at $5,322,000 after purchasing an additional 53,956 shares during the period. Finally, Merit Financial Group LLC boosted its holdings in iShares Morningstar Growth ETF by 1.0% in the fourth quarter. Merit Financial Group LLC now owns 49,171 shares of the company’s stock valued at $3,335,000 after purchasing an additional 476 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.