Faithward Advisors LLC Has $1.76 Million Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Faithward Advisors LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 63.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,310 shares of the company’s stock after acquiring an additional 8,639 shares during the period. Faithward Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,757,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IMCG. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 256.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock worth $229,403,000 after purchasing an additional 2,068,305 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock worth $195,474,000 after purchasing an additional 160,038 shares during the period. Morgan Stanley boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 10.0% in the 4th quarter. Morgan Stanley now owns 1,149,360 shares of the company’s stock valued at $91,765,000 after purchasing an additional 104,588 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 1,003,177 shares of the company’s stock valued at $82,993,000 after purchasing an additional 30,585 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7.6% in the 4th quarter. Cetera Investment Advisers now owns 916,927 shares of the company’s stock valued at $73,208,000 after purchasing an additional 64,943 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.5%

Shares of NYSEARCA IMCG opened at $96.00 on Wednesday. The company has a market capitalization of $3.80 billion, a PE ratio of 28.77 and a beta of 1.14. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $75.67 and a twelve month high of $97.89. The firm has a fifty day simple moving average of $91.00 and a 200 day simple moving average of $84.94.

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.