PFG Advisors Increases Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

PFG Advisors lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 49,339 shares of the company’s stock after buying an additional 618 shares during the period. PFG Advisors’ holdings in iShares Morningstar Mid-Cap Growth ETF were worth $3,600,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IMCG. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after acquiring an additional 23,442 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 4.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock worth $44,193,000 after acquiring an additional 28,973 shares during the period. Commonwealth Equity Services LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 564,291 shares of the company’s stock worth $38,231,000 after acquiring an additional 17,290 shares during the period. Avantax Advisory Services Inc. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 19.9% during the first quarter. Avantax Advisory Services Inc. now owns 398,204 shares of the company’s stock worth $28,145,000 after acquiring an additional 65,978 shares during the period. Finally, Avior Wealth Management LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 106.7% during the first quarter. Avior Wealth Management LLC now owns 367,047 shares of the company’s stock worth $25,943,000 after acquiring an additional 189,430 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.6 %

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $74.34 on Wednesday. The business’s fifty day simple moving average is $70.82 and its 200 day simple moving average is $69.05. The firm has a market capitalization of $2.15 billion, a P/E ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $53.01 and a 12 month high of $75.05.

iShares Morningstar Mid-Cap Growth ETF Company 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.