iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) is Ipsen Advisor Group LLC’s 4th Largest Position

Ipsen Advisor Group LLC raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,945 shares of the company’s stock after purchasing an additional 648 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises about 4.7% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 4th biggest position. Ipsen Advisor Group LLC owned 0.22% of iShares Morningstar Mid-Cap Growth ETF worth $5,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. LaFleur & Godfrey LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF by 5.9% in the 4th quarter. LaFleur & Godfrey LLC now owns 9,525 shares of the company’s stock valued at $719,000 after buying an additional 532 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $205,000. Kestra Private Wealth Services LLC boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 27.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 10,625 shares of the company’s stock valued at $803,000 after purchasing an additional 2,287 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 0.3% during the 4th quarter. Cornerstone Planning Group LLC now owns 311,080 shares of the company’s stock valued at $24,457,000 after purchasing an additional 934 shares in the last quarter. Finally, Focus Financial Network Inc. grew its stake in iShares Morningstar Mid-Cap Growth ETF by 9.1% during the 4th quarter. Focus Financial Network Inc. now owns 18,466 shares of the company’s stock valued at $1,395,000 after purchasing an additional 1,537 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.5%

Shares of IMCG opened at $78.35 on Tuesday. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 29.56 and a beta of 1.11. The business’s 50 day moving average is $72.89 and its two-hundred day moving average is $75.53. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $61.65 and a 52-week high of $81.68.

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.