iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Sees Large Volume Increase

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) saw unusually-high trading volume on Friday . Approximately 316,905 shares changed hands during trading, an increase of 98% from the previous session’s volume of 160,394 shares.The stock last traded at $67.40 and had previously closed at $67.05.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

The stock has a fifty day moving average of $68.58 and a 200-day moving average of $63.74. The company has a market cap of $1.98 billion, a PE ratio of 28.23 and a beta of 1.13.

Institutional Investors Weigh In On iShares Morningstar Mid-Cap Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Eudaimonia Partners LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 10.2% during the 1st quarter. Eudaimonia Partners LLC now owns 41,063 shares of the company’s stock valued at $2,902,000 after purchasing an additional 3,797 shares in the last quarter. IAG Wealth Partners LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 4.6% during the 1st quarter. IAG Wealth Partners LLC now owns 159,474 shares of the company’s stock valued at $11,272,000 after purchasing an additional 6,942 shares in the last quarter. Win Advisors Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at $431,000. Marino Stram & Associates LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.3% in the 1st quarter. Marino Stram & Associates LLC now owns 25,926 shares of the company’s stock worth $1,832,000 after acquiring an additional 825 shares in the last quarter. Finally, LaFleur & Godfrey LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 55.4% in the 1st quarter. LaFleur & Godfrey LLC now owns 5,868 shares of the company’s stock worth $415,000 after acquiring an additional 2,091 shares in the last quarter.

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.