Maripau Wealth Management LLC Takes Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Maripau Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,183 shares of the company’s stock, valued at approximately $240,000.

Several other large investors also recently added to or reduced their stakes in IMCG. Geneos Wealth Management Inc. raised its stake in iShares Morningstar Mid-Cap Growth ETF by 2.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 5,908 shares of the company’s stock valued at $446,000 after purchasing an additional 141 shares in the last quarter. Carnegie Investment Counsel increased its stake in iShares Morningstar Mid-Cap Growth ETF by 1.0% in the 4th quarter. Carnegie Investment Counsel now owns 14,479 shares of the company’s stock worth $1,094,000 after buying an additional 150 shares during the period. First Horizon Advisors Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 1.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 12,258 shares of the company’s stock worth $894,000 after buying an additional 232 shares during the period. Nwam LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 0.5% during the 4th quarter. Nwam LLC now owns 51,944 shares of the company’s stock worth $3,923,000 after acquiring an additional 242 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 8.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,463 shares of the company’s stock worth $262,000 after acquiring an additional 260 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA:IMCG opened at $76.44 on Friday. The stock has a market capitalization of $2.64 billion, a P/E ratio of 28.86 and a beta of 1.11. The company’s 50-day simple moving average is $77.88 and its 200-day simple moving average is $75.61. 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.