McCarthy & Cox Makes New Investment in iShares Morningstar Growth ETF (NYSEARCA:ILCG)

McCarthy & Cox acquired a new stake in iShares Morningstar Growth ETF (NYSEARCA:ILCG) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 2,250 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. purchased a new stake in iShares Morningstar Growth ETF during the third quarter valued at about $45,000. Mathes Company Inc. bought a new stake in shares of iShares Morningstar Growth ETF in the 3rd quarter valued at about $210,000. JGP Wealth Management LLC purchased a new stake in iShares Morningstar Growth ETF during the 4th quarter valued at about $225,000. Park Avenue Securities LLC bought a new position in iShares Morningstar Growth ETF during the 4th quarter worth approximately $241,000. Finally, Key Financial Inc increased its stake in iShares Morningstar Growth ETF by 12.2% in the 3rd quarter. Key Financial Inc now owns 3,273 shares of the company’s stock worth $275,000 after purchasing an additional 355 shares during the period.

iShares Morningstar Growth ETF Stock Performance

NYSEARCA:ILCG opened at $91.51 on Monday. iShares Morningstar Growth ETF has a fifty-two week low of $67.98 and a fifty-two week high of $93.81. The business has a 50 day moving average price of $90.76 and a 200-day moving average price of $85.36. The firm has a market cap of $2.56 billion, a PE 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.