Investors Research Corp Makes New Investment in iShares Morningstar Growth ETF $ILCG

Investors Research Corp purchased a new stake in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 91,256 shares of the company’s stock, valued at approximately $10,674,000. iShares Morningstar Growth ETF accounts for about 1.8% of Investors Research Corp’s holdings, making the stock its 13th biggest holding. Investors Research Corp owned 0.33% of iShares Morningstar Growth ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SigFig Wealth Management LLC bought a new stake in shares of iShares Morningstar Growth ETF in the third quarter worth $304,000. Asempa Wealth Advisors lifted its holdings in iShares Morningstar Growth ETF by 17.9% in the third quarter. Asempa Wealth Advisors now owns 31,317 shares of the company’s stock valued at $3,680,000 after acquiring an additional 4,757 shares during the period. Pathway Financial Advisors LLC bought a new position in iShares Morningstar Growth ETF in the third quarter valued at about $211,000. Eastern Bank purchased a new position in iShares Morningstar Growth ETF in the third quarter worth about $317,000. Finally, CX Institutional purchased a new position in iShares Morningstar Growth ETF in the third quarter worth about $54,000.

iShares Morningstar Growth ETF Stock Down 0.4%

Shares of iShares Morningstar Growth ETF stock traded down $0.51 during trading hours on Wednesday, reaching $120.05. 48,120 shares of the stock traded hands, compared to its average volume of 80,629. The company has a 50 day moving average price of $115.73 and a 200 day moving average price of $112.44. The firm has a market capitalization of $3.29 billion, a price-to-earnings ratio of 38.10 and a beta of 1.22. iShares Morningstar Growth ETF has a one year low of $91.26 and a one year high of $121.11.

iShares Morningstar Growth ETF Profile

(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.

Further Reading

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Institutional Ownership by Quarter for iShares Morningstar Growth ETF (NYSEARCA:ILCG)

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