PFG Advisors Makes New Investment in iShares Morningstar Mid-Cap Growth ETF $IMCG

PFG Advisors bought a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 38,460 shares of the company’s stock, valued at approximately $3,182,000.

Other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock worth $49,000 after purchasing an additional 139 shares during the period. Willner & Heller LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 1.4% in the 3rd quarter. Willner & Heller LLC now owns 10,054 shares of the company’s stock worth $832,000 after purchasing an additional 140 shares during the last quarter. McAdam LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF by 0.8% during the 3rd quarter. McAdam LLC now owns 19,715 shares of the company’s stock valued at $1,631,000 after purchasing an additional 152 shares during the period. Park Avenue Securities LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF by 2.1% during the 3rd quarter. Park Avenue Securities LLC now owns 7,596 shares of the company’s stock valued at $628,000 after purchasing an additional 153 shares during the period. Finally, Revisor Wealth Management LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 4.2% during the 3rd quarter. Revisor Wealth Management LLC now owns 4,195 shares of the company’s stock worth $348,000 after buying an additional 168 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IMCG opened at $82.11 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $61.65 and a 1-year high of $84.76. The business’s fifty day moving average price is $82.64 and its two-hundred day moving average price is $81.94. The firm has a market capitalization of $3.19 billion, a PE ratio of 28.77 and a beta of 1.12.

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.