Avior Wealth Management LLC Has $50.97 Million Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Avior Wealth Management LLC raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 635,237 shares of the company’s stock after purchasing an additional 22,204 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up about 1.8% of Avior Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Avior Wealth Management LLC owned 1.82% of iShares Morningstar Mid-Cap Growth ETF worth $50,965,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 69.1% in the first quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock valued at $143,666,000 after purchasing an additional 821,692 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 31.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after acquiring an additional 434,630 shares during the period. Raymond James Financial Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 4.3% during the 1st quarter. Raymond James Financial Inc. now owns 942,937 shares of the company’s stock worth $67,354,000 after acquiring an additional 39,160 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 13.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 726,769 shares of the company’s stock worth $51,913,000 after acquiring an additional 88,738 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 0.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 612,373 shares of the company’s stock worth $43,742,000 after acquiring an additional 2,517 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 1.0%

Shares of NYSEARCA IMCG opened at $82.10 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $61.65 and a 12 month high of $83.26. The stock has a 50 day moving average of $81.70 and a 200-day moving average of $77.22. The company has a market capitalization of $2.89 billion, a P/E ratio of 28.77 and a beta of 1.08.

iShares Morningstar Mid-Cap Growth ETF 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.