iShares Morningstar Mid-Cap Growth ETF $IMCG Shares Acquired by Eclectic Associates Inc. ADV

Eclectic Associates Inc. ADV increased its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 263,644 shares of the company’s stock after buying an additional 15,169 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up about 3.0% of Eclectic Associates Inc. ADV’s investment portfolio, making the stock its 10th biggest position. Eclectic Associates Inc. ADV’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $25,916,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in IMCG. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 256.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock worth $229,403,000 after buying an additional 2,068,305 shares in the last quarter. Baer Investment Advisory LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at about $34,027,000. Arax Advisory Partners acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at about $21,808,000. Beam Wealth Advisors Inc. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 530.1% during the first quarter. Beam Wealth Advisors Inc. now owns 260,379 shares of the company’s stock worth $20,510,000 after acquiring an additional 219,053 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% during the fourth quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock worth $195,474,000 after acquiring an additional 160,038 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA:IMCG opened at $97.65 on Friday. iShares Morningstar Mid-Cap Growth ETF has a one year low of $75.67 and a one year high of $99.44. The business’s 50-day simple moving average is $95.94 and its 200 day simple moving average is $88.34. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of 28.77 and a beta of 1.13.

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.