Trinity Wealth Management LLC Makes New Investment in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Trinity Wealth Management LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the fourth quarter, Holdings Channel.com reports. The firm acquired 17,647 shares of the company’s stock, valued at approximately $1,333,000. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 0.6% of Trinity Wealth Management LLC’s portfolio, making the stock its 22nd largest holding.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in iShares Morningstar Mid-Cap Growth ETF by 30.9% in the third quarter. JPMorgan Chase & Co. now owns 21,394 shares of the company’s stock valued at $1,561,000 after buying an additional 5,055 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at about $1,995,000. FMR LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 21.6% during the 3rd quarter. FMR LLC now owns 11,341 shares of the company’s stock worth $828,000 after acquiring an additional 2,017 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 49.2% during the 2nd quarter. NewEdge Advisors LLC now owns 41,604 shares of the company’s stock worth $2,819,000 after acquiring an additional 13,713 shares in the last quarter. Finally, Eagle Strategies LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 1.5% during the third quarter. Eagle Strategies LLC now owns 110,902 shares of the company’s stock worth $8,093,000 after purchasing an additional 1,601 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.6 %

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $79.38 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $63.84 and a 52 week high of $81.68. The firm’s 50 day moving average is $78.31 and its two-hundred day moving average is $74.10. The firm has a market capitalization of $2.29 billion, a P/E ratio of 27.60 and a beta of 1.13.

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.