Avior Wealth Management LLC Has $39.97 Million Stock Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Avior Wealth Management LLC raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 547,910 shares of the company’s stock after buying an additional 24,367 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises 1.6% of Avior Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Avior Wealth Management LLC owned about 1.90% of iShares Morningstar Mid-Cap Growth ETF worth $39,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Concord Wealth Partners bought a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth approximately $75,000. M&R Capital Management Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% during the third quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock valued at $80,000 after buying an additional 594 shares during the period. Beacon Capital Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at $109,000. Strategic Financial Concepts LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% in the second quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock valued at $148,000 after acquiring an additional 215,237 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the second quarter worth about $174,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA IMCG opened at $77.05 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a one year low of $58.67 and a one year high of $78.97. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The company’s 50-day simple moving average is $73.71 and its two-hundred day simple moving average is $70.32.

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.