International Assets Investment Management LLC Buys New Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

International Assets Investment Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,963 shares of the company’s stock, valued at approximately $320,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sheets Smith Wealth Management purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at approximately $34,000. NBC Securities Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth $46,000. Private Trust Co. NA lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 59.0% in the 3rd quarter. Private Trust Co. NA now owns 2,345 shares of the company’s stock worth $134,000 after buying an additional 870 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV boosted its position in iShares Morningstar Mid-Cap Growth ETF by 92.9% in the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,565 shares of the company’s stock valued at $147,000 after buying an additional 1,235 shares during the last quarter. Finally, Sage Financial Group Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at about $212,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA:IMCG opened at $67.36 on Friday. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 28.23 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a one year low of $53.01 and a one year high of $70.85. The business’s 50-day simple moving average is $68.58 and its 200 day simple moving average is $63.70.

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.