Farther Finance Advisors LLC Has $1.52 Million Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

Farther Finance Advisors LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 228.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,056 shares of the company’s stock after buying an additional 13,258 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,521,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in IMCG. Financial Consulate Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth approximately $25,000. Windsor Advisory Group LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $31,000. Dagco Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $30,000. Fifth Third Bancorp purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at $37,000. Finally, Networth Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at $47,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.7%

NYSEARCA:IMCG opened at $87.78 on Tuesday. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 28.77 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $65.78 and a 1-year high of $87.78. The business’s fifty day moving average price is $82.00 and its 200 day moving average price is $81.75.

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.