Kingswood Wealth Advisors LLC Makes New Investment in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Kingswood Wealth Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCGFree Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 6,035 shares of the company’s stock, valued at approximately $427,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. M&R Capital Management Inc. increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 253.0% during the 1st quarter. M&R Capital Management Inc. now owns 406 shares of the company’s stock worth $29,000 after acquiring an additional 291 shares during the period. Private Trust Co. NA raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 18.1% in the fourth quarter. Private Trust Co. NA now owns 2,770 shares of the company’s stock worth $179,000 after buying an additional 425 shares in the last quarter. Maripau Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at $203,000. Strategic Advocates LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $209,000. Finally, Sage Financial Group Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $212,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.5 %

Shares of IMCG opened at $67.96 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $53.01 and a 12-month high of $70.85. The company has a market cap of $1.96 billion, a PE ratio of 27.60 and a beta of 1.13. The stock has a 50-day moving average price of $67.90 and a 200-day moving average price of $66.93.

iShares Morningstar Mid-Cap Growth ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

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