Kingswood Wealth Advisors LLC Increases Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Kingswood Wealth Advisors LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 199.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,818 shares of the company’s stock after acquiring an additional 31,824 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $3,612,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IMCG. Rosenberg Matthew Hamilton acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth $34,000. Concord Wealth Partners acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at about $75,000. M&R Capital Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% in the third quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock valued at $80,000 after buying an additional 594 shares during the last quarter. Pinnacle Bancorp Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth approximately $170,000. Finally, Ellis Investment Partners LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $202,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG opened at $79.58 on Monday. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $63.84 and a 12 month high of $81.68. The business has a 50-day moving average of $78.21 and a two-hundred day moving average of $73.81. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

About iShares Morningstar Mid-Cap Growth ETF

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.