15,042 Shares in iShares Morningstar Mid-Cap Growth ETF $IMCG Acquired by Independent Financial Group LLC

Independent Financial Group LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,042 shares of the company’s stock, valued at approximately $1,185,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 12.2% in the 1st quarter. D.A. Davidson & CO. now owns 5,378 shares of the company’s stock worth $424,000 after purchasing an additional 586 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $252,000. Sigma Planning Corp increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 1.5% during the first quarter. Sigma Planning Corp now owns 129,887 shares of the company’s stock worth $10,231,000 after buying an additional 1,982 shares during the period. Bedel Financial Consulting Inc. raised its stake in iShares Morningstar Mid-Cap Growth ETF by 3.7% during the first quarter. Bedel Financial Consulting Inc. now owns 165,140 shares of the company’s stock worth $13,008,000 after buying an additional 5,817 shares during the last quarter. Finally, Kellett Wealth Advisors LLC raised its stake in iShares Morningstar Mid-Cap Growth ETF by 4.9% during the first quarter. Kellett Wealth Advisors LLC now owns 56,619 shares of the company’s stock worth $4,460,000 after buying an additional 2,633 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.5%

IMCG stock opened at $94.72 on Tuesday. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12. The company’s fifty day simple moving average is $94.51 and its 200 day simple moving average is $87.06. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $98.83.

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.