Commonwealth Equity Services LLC Increases Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Commonwealth Equity Services LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 29.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 609,856 shares of the company’s stock after buying an additional 140,171 shares during the quarter. Commonwealth Equity Services LLC owned 2.11% of iShares Morningstar Mid-Cap Growth ETF worth $46,062,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $27,000. Rosenberg Matthew Hamilton purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $34,000. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $38,000. Synergy Investment Management LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $74,000. Finally, Blue Trust Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $82,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG opened at $71.45 on Friday. The business’s fifty day moving average is $77.11 and its two-hundred day moving average is $75.77. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 26.48 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a one year low of $64.17 and a one year high of $81.68.

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.