Arete Wealth Advisors LLC Invests $1.36 Million in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Arete Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 23,640 shares of the company’s stock, valued at approximately $1,361,000. Arete Wealth Advisors LLC owned approximately 0.10% of iShares Morningstar Mid-Cap Growth ETF as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. American Trust acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $1,264,000. Advisory Services Network LLC boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 27.4% during the 1st quarter. Advisory Services Network LLC now owns 2,118 shares of the company’s stock valued at $122,000 after acquiring an additional 455 shares in the last quarter. PCA Investment Advisory Services Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $1,759,000. Susquehanna International Group LLP acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $808,000. Finally, Harbour Investments Inc. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 36.0% in the first quarter. Harbour Investments Inc. now owns 2,790 shares of the company’s stock valued at $161,000 after buying an additional 739 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.7 %

NYSEARCA:IMCG opened at $59.70 on Friday. The firm has a market cap of $1.59 billion, a PE ratio of 22.81 and a beta of 1.08. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $48.44 and a 12 month high of $63.37. The company’s 50-day moving average price is $60.91 and its two-hundred day moving average price is $58.52.

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.