5,860 Shares in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Purchased by WealthTrak Capital Management LLC

WealthTrak Capital Management LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,860 shares of the company’s stock, valued at approximately $443,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 5,908 shares of the company’s stock valued at $446,000 after purchasing an additional 141 shares during the period. Carnegie Investment Counsel raised its position in iShares Morningstar Mid-Cap Growth ETF by 1.0% during the 4th quarter. Carnegie Investment Counsel now owns 14,479 shares of the company’s stock valued at $1,094,000 after purchasing an additional 150 shares in the last quarter. Nwam LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 0.5% in the 4th quarter. Nwam LLC now owns 51,944 shares of the company’s stock worth $3,923,000 after buying an additional 242 shares during the period. Strategic Financial Concepts LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 8.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,463 shares of the company’s stock worth $262,000 after buying an additional 260 shares in the last quarter. Finally, LongView Wealth Management increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.9% during the fourth quarter. LongView Wealth Management now owns 7,603 shares of the company’s stock valued at $574,000 after buying an additional 288 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG stock opened at $71.29 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $64.17 and a 1-year high of $81.68. The business has a 50-day moving average price of $76.33 and a 200 day moving average price of $75.97. The company has a market capitalization of $2.42 billion, a P/E ratio of 26.48 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.