iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Sets New 12-Month High – Should You Buy?

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) reached a new 52-week high during trading on Tuesday . The stock traded as high as $85.27 and last traded at $84.93, with a volume of 5584 shares traded. The stock had previously closed at $84.66.

iShares Morningstar Mid-Cap Growth ETF Price Performance

The company has a market cap of $3.36 billion, a PE ratio of 28.77 and a beta of 1.13. The stock’s 50-day moving average is $81.57 and its 200 day moving average is $81.62.

Institutional Trading of iShares Morningstar Mid-Cap Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IMCG. Financial Consulate Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth $25,000. Godfrey Financial Associates Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $29,000. Dagco Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $30,000. Finally, Windsor Advisory Group LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $31,000.

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.