iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Purchased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 7.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 540,253 shares of the company’s stock after acquiring an additional 39,345 shares during the period. Avantax Advisory Services Inc. owned approximately 1.87% of iShares Morningstar Mid-Cap Growth ETF worth $40,805,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $27,000. Rosenberg Matthew Hamilton purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $34,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $38,000. Synergy Investment Management LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $74,000. Finally, Blue Trust Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $82,000.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.5 %

IMCG stock opened at $70.95 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $64.17 and a 52-week high of $81.68. The stock’s 50 day moving average is $77.41 and its two-hundred day moving average is $75.83. The company has a market capitalization of $2.45 billion, a PE ratio of 28.86 and a beta of 1.11.

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.