iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Sees Strong Trading Volume

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCGGet Free Report) shares saw strong trading volume on Monday . 192,148 shares were traded during trading, an increase of 42% from the previous session’s volume of 135,787 shares.The stock last traded at $64.84 and had previously closed at $66.73.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

The business’s 50 day moving average price is $68.13 and its 200-day moving average price is $67.88. The firm has a market capitalization of $1.89 billion, a PE ratio of 27.60 and a beta of 1.13.

Hedge Funds Weigh In On iShares Morningstar Mid-Cap Growth ETF

Several hedge funds have recently bought and sold shares 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 purchasing an additional 291 shares during the period. WASHINGTON TRUST Co purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth approximately $45,000. Concord Wealth Partners acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the first quarter valued at approximately $69,000. Sunbelt Securities Inc. lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 300.7% in the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock worth $78,000 after acquiring an additional 824 shares during the last quarter. Finally, Beacon Capital Management LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter worth approximately $109,000.

About iShares Morningstar Mid-Cap Growth ETF

(Get 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.

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