Carnegie Investment Counsel Acquires 178 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Carnegie Investment Counsel boosted its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,329 shares of the company’s stock after acquiring an additional 178 shares during the period. Carnegie Investment Counsel’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,046,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. OxenFree Capital LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 5.7% in the 3rd quarter. OxenFree Capital LLC now owns 68,543 shares of the company’s stock valued at $5,002,000 after purchasing an additional 3,697 shares during the period. LongView Wealth Management lifted its position in iShares Morningstar Mid-Cap Growth ETF by 10.6% during the third quarter. LongView Wealth Management now owns 7,315 shares of the company’s stock valued at $534,000 after buying an additional 702 shares during the period. Matrix Trust Co lifted its position in iShares Morningstar Mid-Cap Growth ETF by 13.6% during the third quarter. Matrix Trust Co now owns 186,034 shares of the company’s stock valued at $13,575,000 after buying an additional 22,222 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $220,000. Finally, Atomi Financial Group Inc. grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 73.5% in the 3rd quarter. Atomi Financial Group Inc. now owns 10,335 shares of the company’s stock worth $754,000 after buying an additional 4,378 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IMCG opened at $74.80 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $53.01 and a 1 year high of $74.82. The firm has a 50-day moving average of $70.65 and a 200 day moving average of $69.02. The stock has a market cap of $2.16 billion, a P/E ratio of 27.60 and a beta of 1.13.

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.