iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Position Boosted by KPP Advisory Services LLC

KPP Advisory Services LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 19.2% during the 3rd quarter, Holdings Channel reports. The fund owned 8,360 shares of the company’s stock after purchasing an additional 1,346 shares during the period. KPP Advisory Services LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in IMCG. Concord Wealth Partners bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at about $75,000. M&R Capital Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% during the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after buying an additional 594 shares in the last quarter. Beacon Capital Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter worth about $109,000. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter worth approximately $174,000. Finally, Ellis Investment Partners LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $202,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.9 %

NYSEARCA:IMCG traded down $0.68 during midday trading on Friday, hitting $76.66. 149,477 shares of the stock were exchanged, compared to its average volume of 130,479. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a one year low of $58.23 and a one year high of $78.97. The business has a 50-day moving average price of $73.55 and a two-hundred day moving average price of $70.19.

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.