NewEdge Advisors LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 39.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 92,615 shares of the company’s stock after buying an additional 26,185 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $7,295,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Godfrey Financial Associates Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $29,000. Windsor Advisory Group LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $31,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $41,000. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $42,000.
iShares Morningstar Mid-Cap Growth ETF Stock Down 0.2%
IMCG opened at $98.94 on Tuesday. The firm’s 50 day moving average is $96.14 and its 200-day moving average is $88.57. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $75.67 and a 52-week high of $99.44. The firm has a market capitalization of $4.08 billion, a P/E ratio of 28.77 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.
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Want to see what other hedge funds are holding IMCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report).
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