World Investment Advisors Purchases New Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

World Investment Advisors purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,934 shares of the company’s stock, valued at approximately $713,000.

A number of other hedge funds also recently added to or reduced their stakes in IMCG. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 256.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock valued at $229,403,000 after purchasing an additional 2,068,305 shares during the last quarter. Arax Advisory Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $21,808,000. LPL Financial LLC raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% in the fourth quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock worth $195,474,000 after purchasing an additional 160,038 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 50.3% during the third quarter. Bank of America Corp DE now owns 452,420 shares of the company’s stock valued at $37,429,000 after purchasing an additional 151,487 shares in the last quarter. Finally, Granville Capital Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $10,679,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

iShares Morningstar Mid-Cap Growth ETF stock opened at $97.49 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a one year low of $75.67 and a one year high of $97.89. The stock has a market capitalization of $3.86 billion, a PE ratio of 28.77 and a beta of 1.14. The business’s fifty day moving average is $90.74 and its 200 day moving average is $84.84.

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.