NewEdge Advisors LLC boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 17.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 109,197 shares of the company’s stock after purchasing an additional 16,582 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $10,734,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. XY Planning Network Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the second quarter valued at approximately $344,000. Studio Investment Management LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 21.4% in the second quarter. Studio Investment Management LLC now owns 3,827 shares of the company’s stock worth $376,000 after buying an additional 674 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter worth $412,000. Nilsine Partners LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 1.3% during the 2nd quarter. Nilsine Partners LLC now owns 19,690 shares of the company’s stock worth $1,936,000 after buying an additional 245 shares during the period. Finally, Nvest Financial LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter worth $203,000.
iShares Morningstar Mid-Cap Growth ETF Trading Up 1.1%
NYSEARCA:IMCG opened at $95.25 on Friday. The firm has a market capitalization of $3.93 billion, a PE ratio of 28.77 and a beta of 1.12. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $75.67 and a 1 year high of $100.79. The firm’s fifty day simple moving average is $96.96 and its 200 day simple moving average is $91.01.
iShares Morningstar Mid-Cap Growth ETF 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.
See Also
- Five stocks we like better than iShares Morningstar Mid-Cap Growth ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
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).
Receive News & Ratings for iShares Morningstar Mid-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Mid-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
