Eclectic Associates Inc. ADV Buys 266,843 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Eclectic Associates Inc. ADV bought a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 3rd quarter, Holdings Channel reports. The firm bought 266,843 shares of the company’s stock, valued at approximately $25,054,000. iShares Morningstar Mid-Cap Growth ETF comprises about 2.8% of Eclectic Associates Inc. ADV’s portfolio, making the stock its 10th largest holding.

A number of other large investors have also recently made changes to their positions in IMCG. Cetera Investment Advisers grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 943,563 shares of the company’s stock valued at $74,324,000 after purchasing an additional 26,636 shares during the last quarter. Bank of America Corp DE raised its position in iShares Morningstar Mid-Cap Growth ETF by 2.8% in the 1st quarter. Bank of America Corp DE now owns 567,589 shares of the company’s stock worth $44,709,000 after purchasing an additional 15,572 shares during the period. Baer Investment Advisory LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the first quarter worth about $34,027,000. Cornerstone Planning Group LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 8.6% in the first quarter. Cornerstone Planning Group LLC now owns 382,492 shares of the company’s stock worth $30,129,000 after purchasing an additional 30,185 shares during the last quarter. Finally, Capital Wealth Management LLC boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 7.3% during the second quarter. Capital Wealth Management LLC now owns 243,505 shares of the company’s stock valued at $23,937,000 after buying an additional 16,622 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IMCG opened at $95.84 on Friday. The firm has a market capitalization of $4.10 billion, a PE ratio of 28.77 and a beta of 1.13. The business has a 50 day simple moving average of $96.56 and a two-hundred day simple moving average of $92.82. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $75.67 and a 1 year high of $100.79.

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.