Silverlake Wealth Management LLC Makes New $219,000 Investment in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Silverlake Wealth Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,896 shares of the company’s stock, valued at approximately $219,000.

A number of other hedge funds have also modified their holdings of IMCG. Geneos Wealth Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 2.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,908 shares of the company’s stock valued at $446,000 after purchasing an additional 141 shares during the period. Mayfair Advisory Group LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 2.5% during the third quarter. Mayfair Advisory Group LLC now owns 5,806 shares of the company’s stock valued at $423,000 after acquiring an additional 144 shares during the period. Carnegie Investment Counsel raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 1.0% during the fourth quarter. Carnegie Investment Counsel now owns 14,479 shares of the company’s stock valued at $1,094,000 after acquiring an additional 150 shares during the period. Willner & Heller LLC lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 2.0% in the third quarter. Willner & Heller LLC now owns 9,576 shares of the company’s stock valued at $699,000 after acquiring an additional 187 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.9% in the third quarter. First Horizon Advisors Inc. now owns 12,258 shares of the company’s stock worth $894,000 after acquiring an additional 232 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 1.0 %

Shares of IMCG opened at $79.89 on Thursday. The business’s 50 day moving average is $78.25 and its 200 day moving average is $74.34. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $64.17 and a 12-month high of $81.68. The company has a market capitalization of $2.31 billion, a PE ratio of 27.60 and a beta of 1.13.

About iShares Morningstar Mid-Cap Growth ETF

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.