Cwm LLC Acquires 7,650 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Cwm LLC boosted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 9.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,055 shares of the company’s stock after acquiring an additional 7,650 shares during the quarter. Cwm LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $5,611,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IMCG. AE Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $335,000. Private Trust Co. NA increased its stake in iShares Morningstar Mid-Cap Growth ETF by 59.0% in the third quarter. Private Trust Co. NA now owns 2,345 shares of the company’s stock valued at $134,000 after acquiring an additional 870 shares during the period. Capital Asset Advisory Services LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 5.4% in the third quarter. Capital Asset Advisory Services LLC now owns 12,129 shares of the company’s stock valued at $706,000 after acquiring an additional 617 shares during the period. Flagstar Advisors Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 17.6% in the third quarter. Flagstar Advisors Inc. now owns 9,262 shares of the company’s stock valued at $530,000 after acquiring an additional 1,389 shares during the period. Finally, Watershed Private Wealth LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 44.0% in the third quarter. Watershed Private Wealth LLC now owns 6,261 shares of the company’s stock valued at $358,000 after acquiring an additional 1,914 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Up 1.5 %

NYSEARCA IMCG opened at $66.93 on Wednesday. The stock has a market cap of $1.97 billion, a P/E ratio of 28.23 and a beta of 1.13. The company’s 50-day simple moving average is $68.58 and its 200 day simple moving average is $63.58. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $53.01 and a twelve month high of $70.85.

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.