Harbour Investments Inc. Raises Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Harbour Investments Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 8.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 8,046 shares of the company’s stock after acquiring an additional 651 shares during the period. Harbour Investments Inc.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $587,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its position in iShares Morningstar Mid-Cap Growth ETF by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after buying an additional 23,442 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in iShares Morningstar Mid-Cap Growth ETF by 4.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock worth $44,193,000 after buying an additional 28,973 shares during the last quarter. Commonwealth Equity Services LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 3.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 564,291 shares of the company’s stock worth $38,231,000 after buying an additional 17,290 shares during the last quarter. Forte Capital LLC ADV raised its position in iShares Morningstar Mid-Cap Growth ETF by 0.6% in the 1st quarter. Forte Capital LLC ADV now owns 271,766 shares of the company’s stock worth $19,208,000 after buying an additional 1,704 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares Morningstar Mid-Cap Growth ETF by 20.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock worth $15,015,000 after buying an additional 37,486 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG opened at $76.66 on Friday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $58.23 and a fifty-two week high of $78.97. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The business has a 50-day simple moving average of $73.55 and a two-hundred day simple moving average of $70.19.

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.