Mercer Global Advisors Inc. ADV Has $1.16 Million Stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Mercer Global Advisors Inc. ADV cut its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 39.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,355 shares of the company’s stock after selling 10,068 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.05% of iShares Morningstar Mid-Cap Growth ETF worth $1,160,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eagle Strategies LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 7.4% in the fourth quarter. Eagle Strategies LLC now owns 119,082 shares of the company’s stock valued at $8,994,000 after buying an additional 8,180 shares during the period. AdvisorShares Investments LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $41,295,000. Keyvantage Wealth LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at $1,792,000. Integrated Wealth Concepts LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 1.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 21,003 shares of the company’s stock valued at $1,586,000 after purchasing an additional 377 shares during the period. Finally, Coppell Advisory Solutions LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth about $150,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $74.34 on Friday. The business has a 50-day simple moving average of $70.73 and a 200 day simple moving average of $75.31. iShares Morningstar Mid-Cap Growth ETF has a one year low of $61.65 and a one year high of $81.68. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 25.73 and a beta of 1.15.

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.