Investors Research Corp Boosts Holdings in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Investors Research Corp lifted its holdings in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 43.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,567 shares of the company’s stock after purchasing an additional 10,398 shares during the period. iShares Morningstar Growth ETF comprises about 0.6% of Investors Research Corp’s investment portfolio, making the stock its 28th biggest position. Investors Research Corp owned 0.12% of iShares Morningstar Growth ETF worth $2,905,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in ILCG. B. Riley Wealth Advisors Inc. raised its position in iShares Morningstar Growth ETF by 0.6% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 23,467 shares of the company’s stock valued at $1,771,000 after purchasing an additional 146 shares during the last quarter. Pineridge Advisors LLC purchased a new stake in iShares Morningstar Growth ETF in the second quarter worth $25,000. J.W. Cole Advisors Inc. boosted its holdings in iShares Morningstar Growth ETF by 4.4% in the second quarter. J.W. Cole Advisors Inc. now owns 7,582 shares of the company’s stock valued at $617,000 after acquiring an additional 319 shares in the last quarter. Key Financial Inc increased its position in iShares Morningstar Growth ETF by 12.2% during the 3rd quarter. Key Financial Inc now owns 3,273 shares of the company’s stock valued at $275,000 after purchasing an additional 355 shares during the period. Finally, Global Retirement Partners LLC raised its holdings in iShares Morningstar Growth ETF by 6.2% in the 3rd quarter. Global Retirement Partners LLC now owns 6,772 shares of the company’s stock worth $569,000 after purchasing an additional 393 shares in the last quarter.

iShares Morningstar Growth ETF Price Performance

ILCG stock traded down $0.35 during trading on Thursday, reaching $88.49. The company had a trading volume of 3,014 shares, compared to its average volume of 80,706. iShares Morningstar Growth ETF has a 52 week low of $64.45 and a 52 week high of $90.66. The business has a 50 day moving average of $85.46 and a 200 day moving average of $81.73. The company has a market cap of $2.47 billion, a P/E ratio of 38.76 and a beta of 1.24.

iShares Morningstar Growth ETF 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.