Steele Capital Management Inc. Boosts Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Steele Capital Management Inc. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 8.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 201,840 shares of the company’s stock after acquiring an additional 15,622 shares during the quarter. Steele Capital Management Inc. owned approximately 0.53% of iShares Morningstar Mid-Cap Growth ETF worth $16,698,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCG. Financial Consulate Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at about $25,000. Quaker Wealth Management LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 200.3% during the 2nd quarter. Quaker Wealth Management LLC now owns 336 shares of the company’s stock valued at $27,000 after buying an additional 671 shares during the period. Russell Investments Group Ltd. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock valued at $49,000 after buying an additional 139 shares during the period. Compass Planning Associates Inc lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 43.8% in the second quarter. Compass Planning Associates Inc now owns 719 shares of the company’s stock valued at $58,000 after acquiring an additional 219 shares during the last quarter. Finally, Concord Wealth Partners purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the second quarter worth approximately $86,000.

iShares Morningstar Mid-Cap Growth ETF Stock Up 1.0%

IMCG stock opened at $82.55 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $61.65 and a 52-week high of $83.76. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12. The business has a fifty day moving average of $80.74 and a two-hundred day moving average of $81.34.

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.