Advisory Services Network LLC Increases Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Advisory Services Network LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 20.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,758 shares of the company’s stock after acquiring an additional 1,162 shares during the quarter. Advisory Services Network LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $510,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IMCG. JPMorgan Chase & Co. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 30.9% in the third quarter. JPMorgan Chase & Co. now owns 21,394 shares of the company’s stock worth $1,561,000 after purchasing an additional 5,055 shares during the last quarter. Jane Street Group LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth approximately $1,995,000. FMR LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 21.6% during the 3rd quarter. FMR LLC now owns 11,341 shares of the company’s stock valued at $828,000 after acquiring an additional 2,017 shares during the period. Stratos Wealth Partners LTD. purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at $205,000. Finally, Blue Trust Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $82,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $68.83 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $61.65 and a 1 year high of $81.68. The stock has a market cap of $2.41 billion, a PE ratio of 26.17 and a beta of 1.14. The firm has a fifty day moving average price of $73.16 and a 200 day moving average price of $75.62.

About iShares Morningstar Mid-Cap Growth ETF

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.