Gladstone Institutional Advisory LLC Acquires 24,362 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Gladstone Institutional Advisory LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 476.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,470 shares of the company’s stock after acquiring an additional 24,362 shares during the period. Gladstone Institutional Advisory LLC owned approximately 0.10% of iShares Morningstar Mid-Cap Growth ETF worth $2,226,000 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. Sovran Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $2,903,000. Bonfire Financial purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $1,748,000. Focus Financial Network Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 9.1% in the fourth quarter. Focus Financial Network Inc. now owns 18,466 shares of the company’s stock worth $1,395,000 after acquiring an additional 1,537 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 0.3% in the fourth quarter. Cornerstone Planning Group LLC now owns 311,080 shares of the company’s stock worth $24,457,000 after acquiring an additional 934 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 27.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 10,625 shares of the company’s stock valued at $803,000 after acquiring an additional 2,287 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG opened at $79.13 on Thursday. The firm has a market cap of $2.29 billion, a PE ratio of 27.60 and a beta of 1.13. The stock has a 50-day moving average price of $78.15 and a 200-day moving average price of $74.73. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $64.17 and a 1 year high of $81.68.

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.