Investors Research Corp Buys 10,398 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Investors Research Corp boosted its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 43.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 34,567 shares of the company’s stock after buying an additional 10,398 shares during the quarter. iShares Morningstar Growth ETF accounts for 0.6% of Investors Research Corp’s investment portfolio, making the stock its 28th largest holding. Investors Research Corp’s holdings in iShares Morningstar Growth ETF were worth $2,905,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of ILCG. Pineridge Advisors LLC purchased a new position in shares of iShares Morningstar Growth ETF during the 2nd quarter worth about $25,000. Larson Financial Group LLC purchased 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. purchased a new stake in shares of iShares Morningstar Growth ETF in the second quarter worth approximately $121,000. Finally, Spectrum Wealth Advisory Group LLC bought a new stake in shares of iShares Morningstar Growth ETF during the 2nd quarter worth approximately $204,000.

iShares Morningstar Growth ETF Stock Performance

iShares Morningstar Growth ETF stock traded down $0.35 during mid-day trading on Thursday, hitting $88.49. The company’s stock had a trading volume of 3,014 shares, compared to its average volume of 80,706. iShares Morningstar Growth ETF has a one year low of $64.45 and a one year high of $90.66. The stock has a market cap of $2.47 billion, a PE ratio of 38.76 and a beta of 1.24. The company has a 50 day moving average of $85.46 and a 200-day moving average of $81.73.

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.