Commonwealth Equity Services LLC Increases Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Commonwealth Equity Services LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 613,744 shares of the company’s stock after acquiring an additional 1,371 shares during the period. Commonwealth Equity Services LLC owned 1.75% of iShares Morningstar Mid-Cap Growth ETF worth $49,241,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. BlueChip Wealth Advisors LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 2.7% in the second quarter. BlueChip Wealth Advisors LLC now owns 5,689 shares of the company’s stock worth $456,000 after purchasing an additional 150 shares during the last quarter. IFG Advisory LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.3% in the 2nd quarter. IFG Advisory LLC now owns 4,985 shares of the company’s stock worth $400,000 after buying an additional 159 shares during the period. Assetmark Inc. grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 4.7% in the 1st quarter. Assetmark Inc. now owns 4,840 shares of the company’s stock worth $346,000 after buying an additional 216 shares during the last quarter. Compass Planning Associates Inc grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 43.8% in the 2nd quarter. Compass Planning Associates Inc now owns 719 shares of the company’s stock worth $58,000 after buying an additional 219 shares during the last quarter. Finally, Willner & Heller LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 2.3% during the second quarter. Willner & Heller LLC now owns 9,914 shares of the company’s stock valued at $795,000 after buying an additional 227 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.9%

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $81.29 on Friday. The business has a 50 day moving average of $82.28 and a 200 day moving average of $79.85. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $61.65 and a 52 week high of $83.76. The company has a market cap of $3.11 billion, a PE ratio of 28.77 and a beta of 1.12.

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.