Cetera Investment Advisers Grows Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Cetera Investment Advisers raised its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 943,563 shares of the company’s stock after acquiring an additional 26,636 shares during the quarter. Cetera Investment Advisers’ holdings in iShares Morningstar Mid-Cap Growth ETF were worth $74,324,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $29,000. Windsor Advisory Group LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $31,000. Richards Merrill & Peterson Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $41,000. Finally, Kingdom Financial Group LLC. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $42,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.2%

Shares of IMCG opened at $95.38 on Friday. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $75.67 and a twelve month high of $98.83. The firm has a market capitalization of $3.93 billion, a P/E ratio of 28.77 and a beta of 1.12. The firm’s 50-day moving average is $94.83 and its two-hundred day moving average is $87.39.

iShares Morningstar Mid-Cap Growth ETF Company 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.