Triangle Securities Wealth Management Acquires 7,461 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Triangle Securities Wealth Management acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,461 shares of the company’s stock, valued at approximately $700,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IMCG. Baer Investment Advisory LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 1st quarter worth about $34,027,000. First Pacific Financial bought a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $26,608,000. Eclectic Associates Inc. ADV acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at about $25,054,000. Avior Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at about $24,545,000. Finally, Beam Wealth Advisors Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 530.1% during the first quarter. Beam Wealth Advisors Inc. now owns 260,379 shares of the company’s stock valued at $20,510,000 after purchasing an additional 219,053 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Down 2.2%

NYSEARCA:IMCG opened at $94.12 on Thursday. The stock has a market cap of $4.03 billion, a P/E ratio of 28.77 and a beta of 1.13. The stock’s 50-day moving average is $96.46 and its 200-day moving average is $93.28. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $75.67 and a 1-year high of $100.79.

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.