Landing Point Financial Group LLC Invests $215,000 in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Landing Point Financial Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,720 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds have also bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $27,000. Rosenberg Matthew Hamilton bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $34,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $38,000. Synergy Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at about $74,000. Finally, Blue Trust Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $82,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.6 %

NYSEARCA:IMCG opened at $68.20 on Friday. The firm has a market capitalization of $2.38 billion, a PE ratio of 26.17 and a beta of 1.14. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $61.65 and a 52 week high of $81.68. The stock has a 50 day moving average of $72.46 and a 200-day moving average of $75.53.

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.