Eclectic Associates Inc. ADV Has $5.11 Million Stake in iShares Morningstar Mid-Cap Growth ETF $IMCG

Eclectic Associates Inc. ADV raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 403.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,638 shares of the company’s stock after purchasing an additional 51,006 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 1.1% of Eclectic Associates Inc. ADV’s investment portfolio, making the stock its 26th biggest position. Eclectic Associates Inc. ADV owned approximately 0.18% of iShares Morningstar Mid-Cap Growth ETF worth $5,106,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IMCG. Centaurus Financial Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at $103,000. Parallel Advisors LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 28.2% in the first quarter. Parallel Advisors LLC now owns 1,410 shares of the company’s stock valued at $101,000 after purchasing an additional 310 shares during the last quarter. NBC Securities Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter valued at $51,000. Merit Financial Group LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 14.9% in the first quarter. Merit Financial Group LLC now owns 49,610 shares of the company’s stock valued at $3,544,000 after acquiring an additional 6,417 shares in the last quarter. Finally, Capital Asset Advisory Services LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.7% in the first quarter. Capital Asset Advisory Services LLC now owns 17,515 shares of the company’s stock valued at $1,275,000 after acquiring an additional 620 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG stock opened at $82.73 on Tuesday. The company’s 50-day simple moving average is $81.73 and its 200 day simple moving average is $77.35. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $61.65 and a 52 week high of $83.26. The company has a market capitalization of $2.91 billion, a PE ratio of 28.77 and a beta of 1.08.

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.