Dynamic Advisor Solutions LLC Purchases 314 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Dynamic Advisor Solutions LLC boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 8.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,874 shares of the company’s stock after acquiring an additional 314 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at about $184,000. IAG Wealth Partners LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 8.2% during the first quarter. IAG Wealth Partners LLC now owns 184,465 shares of the company’s stock valued at $13,176,000 after acquiring an additional 13,962 shares during the period. Focus Financial Network Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 6.9% during the first quarter. Focus Financial Network Inc. now owns 19,736 shares of the company’s stock valued at $1,410,000 after acquiring an additional 1,270 shares during the period. Ipsen Advisor Group LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 0.8% during the first quarter. Ipsen Advisor Group LLC now owns 76,945 shares of the company’s stock valued at $5,496,000 after acquiring an additional 648 shares during the period. Finally, PFS Partners LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 2.2% during the first quarter. PFS Partners LLC now owns 95,669 shares of the company’s stock valued at $6,834,000 after acquiring an additional 2,026 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.2%

Shares of IMCG opened at $77.52 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $61.65 and a 12-month high of $81.68. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 29.56 and a beta of 1.11. The stock’s 50-day moving average price is $74.73 and its 200 day moving average price is $75.45.

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.