LPL Financial LLC boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 20.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,189,592 shares of the company’s stock after acquiring an additional 203,055 shares during the period. LPL Financial LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $89,850,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Lee Danner & Bass Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $113,000. Thrivent Financial for Lutherans boosted its position in iShares Morningstar Mid-Cap Growth ETF by 70.8% during the fourth quarter. Thrivent Financial for Lutherans now owns 71,164 shares of the company’s stock valued at $5,388,000 after purchasing an additional 29,508 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 6.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 16,881 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,055 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in iShares Morningstar Mid-Cap Growth ETF by 2.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 287,832 shares of the company’s stock worth $21,740,000 after purchasing an additional 6,431 shares during the last quarter. Finally, Rockport Wealth LLC increased its position in iShares Morningstar Mid-Cap Growth ETF by 20.0% in the 4th quarter. Rockport Wealth LLC now owns 9,498 shares of the company’s stock worth $693,000 after purchasing an additional 1,585 shares during the last quarter.
iShares Morningstar Mid-Cap Growth ETF Price Performance
Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $74.11 on Wednesday. The stock has a 50-day simple moving average of $76.65 and a 200-day simple moving average of $75.99. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $64.17 and a 52-week high of $81.68. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 26.48 and a beta of 1.13.
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.
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