iShares Morningstar Growth ETF (NYSEARCA:ILCG) Shares Cross Below 200-Day Moving Average – Here’s What Happened

iShares Morningstar Growth ETF (NYSEARCA:ILCG)’s share price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $110.39 and traded as low as $108.80. iShares Morningstar Growth ETF shares last traded at $110.04, with a volume of 77,838 shares traded.

iShares Morningstar Growth ETF Price Performance

The stock has a market capitalization of $3.00 billion, a P/E ratio of 38.10 and a beta of 1.22. The company’s 50 day simple moving average is $115.53 and its two-hundred day simple moving average is $110.39.

Institutional Trading of iShares Morningstar Growth ETF

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its stake in shares of iShares Morningstar Growth ETF by 71.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,021,655 shares of the company’s stock valued at $119,558,000 after buying an additional 424,099 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares Morningstar Growth ETF by 12.8% during the 1st quarter. Cetera Investment Advisers now owns 596,099 shares of the company’s stock worth $56,916,000 after acquiring an additional 67,654 shares during the last quarter. FAS Wealth Partners Inc. grew its holdings in iShares Morningstar Growth ETF by 1.1% during the 1st quarter. FAS Wealth Partners Inc. now owns 592,851 shares of the company’s stock worth $56,605,000 after acquiring an additional 6,217 shares during the last quarter. Clearstead Trust LLC increased its position in iShares Morningstar Growth ETF by 12.5% in the 1st quarter. Clearstead Trust LLC now owns 557,871 shares of the company’s stock valued at $53,265,000 after acquiring an additional 62,044 shares in the last quarter. Finally, GM Advisory Group LLC increased its position in iShares Morningstar Growth ETF by 6.8% in the 1st quarter. GM Advisory Group LLC now owns 356,056 shares of the company’s stock valued at $33,996,000 after acquiring an additional 22,811 shares in the last quarter.

iShares Morningstar Growth ETF Company 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.