Strategic Financial Concepts LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 7,477.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 242,718 shares of the company’s stock after acquiring an additional 239,515 shares during the quarter. Strategic Financial Concepts LLC owned approximately 0.84% of iShares Morningstar Mid-Cap Growth ETF worth $18,332,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Rosenberg Matthew Hamilton purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth $34,000. Concord Wealth Partners bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $75,000. Pinnacle Bancorp Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $170,000. Ellis Investment Partners LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth about $202,000. Finally, Stratos Wealth Partners LTD. purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at about $205,000.
iShares Morningstar Mid-Cap Growth ETF Stock Performance
Shares of IMCG opened at $79.73 on Friday. The stock has a market capitalization of $2.30 billion, a PE ratio of 27.60 and a beta of 1.13. The company has a 50 day moving average price of $78.23 and a 200-day moving average price of $74.45. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $64.17 and a fifty-two week high of $81.68.
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.
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