Johnson Investment Counsel Inc. Takes $269,000 Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Johnson Investment Counsel Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,352 shares of the company’s stock, valued at approximately $269,000.

A number of other large investors have also made changes to their positions in the stock. LPL Financial LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 69.1% during the first quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock worth $143,666,000 after purchasing an additional 821,692 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 31.2% during the first quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after purchasing an additional 434,630 shares in the last quarter. Elevation Capital Advisory LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $8,733,000. PTM Wealth Management LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $7,588,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 13.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 726,769 shares of the company’s stock worth $51,913,000 after purchasing an additional 88,738 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.1%

Shares of NYSEARCA IMCG opened at $82.43 on Thursday. The stock has a market cap of $3.12 billion, a P/E ratio of 28.77 and a beta of 1.08. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $61.65 and a 12-month high of $83.66. The business’s fifty day simple moving average is $81.93 and its 200-day simple moving average is $78.11.

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.