AdvisorShares Investments LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm acquired 546,730 shares of the company’s stock, valued at approximately $41,295,000. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 8.0% of AdvisorShares Investments LLC’s portfolio, making the stock its 3rd largest holding.
Other institutional investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $27,000. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $34,000. Halbert Hargrove Global Advisors LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $38,000. Synergy Investment Management LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $74,000. Finally, Blue Trust Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth $82,000.
iShares Morningstar Mid-Cap Growth ETF Trading Up 0.2 %
IMCG opened at $71.38 on Tuesday. The firm has a market cap of $2.46 billion, a P/E ratio of 25.73 and a beta of 1.15. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $61.65 and a 12 month high of $81.68. The stock has a 50-day moving average of $71.27 and a 200 day moving average of $75.41.
iShares Morningstar Mid-Cap Growth ETF Company Profile
The iShares Morningstar Mid-Cap Growth ETF (IMCG) is an exchange-traded fund that is based on the Morningstar US Mid Cap Broad Growth index. The fund tracks a market cap-weighted index of US mid-cap stocks companies selected based on their growth characteristics. IMCG was launched on Jun 28, 2004 and is managed by BlackRock.
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Want to see what other hedge funds are holding IMCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report).
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