Kendall Capital Management Acquires Shares of 3,061 iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Kendall Capital Management acquired a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,061 shares of the company’s stock, valued at approximately $231,000.

A number of other institutional investors have also recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its stake in iShares Morningstar Mid-Cap Growth ETF by 2.4% in 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. Carnegie Investment Counsel grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.0% during the 4th quarter. Carnegie Investment Counsel now owns 14,479 shares of the company’s stock worth $1,094,000 after acquiring an additional 150 shares during the period. First Horizon Advisors Inc. grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.9% during the 3rd 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. Nwam LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 0.5% during the 4th quarter. Nwam LLC now owns 51,944 shares of the company’s stock worth $3,923,000 after acquiring an additional 242 shares during the period. Finally, Strategic Financial Concepts LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 8.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,463 shares of the company’s stock worth $262,000 after acquiring an additional 260 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG stock opened at $73.45 on Monday. The company has a market capitalization of $2.53 billion, a price-to-earnings ratio of 28.86 and a beta of 1.11. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $64.17 and a fifty-two week high of $81.68. The stock has a fifty day moving average of $77.59 and a 200-day moving average of $75.82.

iShares Morningstar Mid-Cap Growth ETF 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.