Ipsen Advisor Group LLC Takes $5.76 Million Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Ipsen Advisor Group LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 76,297 shares of the company’s stock, valued at approximately $5,763,000. iShares Morningstar Mid-Cap Growth ETF comprises 4.9% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 5th largest holding.

Other large investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 286.8% during the third quarter. Thrivent Financial for Lutherans now owns 41,656 shares of the company’s stock valued at $3,040,000 after purchasing an additional 30,888 shares during the last quarter. Larson Financial Group LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at $316,000. FMR LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 21.6% in the 3rd quarter. FMR LLC now owns 11,341 shares of the company’s stock worth $828,000 after acquiring an additional 2,017 shares during the period. Benjamin Edwards Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth $366,000. Finally, Hilltop Holdings Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 6.0% during the third quarter. Hilltop Holdings Inc. now owns 22,047 shares of the company’s stock valued at $1,609,000 after acquiring an additional 1,246 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG opened at $74.11 on Wednesday. The stock’s 50-day moving average is $76.65 and its 200-day moving average is $75.99. The company has a market cap of $2.52 billion, a P/E ratio of 26.48 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $64.17 and a 52-week 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.