Commonwealth Equity Services LLC Acquires 111,936 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Commonwealth Equity Services LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 26.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 533,296 shares of the company’s stock after acquiring an additional 111,936 shares during the quarter. Commonwealth Equity Services LLC owned about 2.01% of iShares Morningstar Mid-Cap Growth ETF worth $34,371,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at about $46,000. Woodard & Co. Asset Management Group Inc. ADV grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 92.9% in the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,565 shares of the company’s stock worth $147,000 after buying an additional 1,235 shares during the last quarter. Private Trust Co. NA grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 18.1% in the 4th quarter. Private Trust Co. NA now owns 2,770 shares of the company’s stock worth $179,000 after buying an additional 425 shares during the last quarter. Maripau Wealth Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth approximately $203,000. Finally, Sage Financial Group Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at approximately $212,000.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.8 %

Shares of IMCG opened at $67.42 on Friday. The company has a 50 day moving average of $68.58 and a two-hundred day moving average of $64.02. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $53.01 and a twelve month high of $70.85. The company has a market cap of $1.95 billion, a price-to-earnings 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.