iShares Morningstar Mid-Cap Growth ETF $IMCG Shares Bought by Allegheny Financial Group

Allegheny Financial Group grew its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 17.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,820 shares of the company’s stock after purchasing an additional 21,765 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up approximately 2.3% of Allegheny Financial Group’s holdings, making the stock its 10th largest holding. Allegheny Financial Group owned approximately 0.39% of iShares Morningstar Mid-Cap Growth ETF worth $12,395,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Financial Consulate Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $25,000. Quaker Wealth Management LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 200.3% during the second quarter. Quaker Wealth Management LLC now owns 336 shares of the company’s stock worth $27,000 after buying an additional 671 shares during the period. Russell Investments Group Ltd. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% in the second quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock worth $49,000 after acquiring an additional 139 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth $60,000. Finally, Concord Wealth Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter valued at $86,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.2%

NYSEARCA:IMCG opened at $83.16 on Wednesday. The firm’s fifty day simple moving average is $81.83 and its 200 day simple moving average is $81.67. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $61.65 and a twelve month high of $83.91. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12.

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.