Prospect Financial Services LLC Purchases 4,388 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Prospect Financial Services LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 19.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,234 shares of the company’s stock after acquiring an additional 4,388 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up about 1.1% of Prospect Financial Services LLC’s portfolio, making the stock its 24th largest position. Prospect Financial Services LLC owned approximately 0.09% of iShares Morningstar Mid-Cap Growth ETF worth $2,057,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Nilsine Partners LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 5.0% during the fourth quarter. Nilsine Partners LLC now owns 15,928 shares of the company’s stock worth $1,203,000 after acquiring an additional 761 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 1,240.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 38,006 shares of the company’s stock worth $2,871,000 after acquiring an additional 35,171 shares in the last quarter. Jim Saulnier & Associates LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 23.3% during the fourth quarter. Jim Saulnier & Associates LLC now owns 20,766 shares of the company’s stock worth $1,568,000 after acquiring an additional 3,919 shares in the last quarter. Capital Asset Advisory Services LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 5.8% during the fourth quarter. Capital Asset Advisory Services LLC now owns 16,895 shares of the company’s stock worth $1,295,000 after acquiring an additional 930 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 199.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 47,818 shares of the company’s stock worth $3,612,000 after acquiring an additional 31,824 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.2 %

Shares of NYSEARCA IMCG opened at $78.62 on Tuesday. The firm has a market cap of $2.27 billion, a PE ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $63.84 and a 12-month high of $81.68. The company’s fifty day simple moving average is $78.25 and its 200 day simple moving average is $73.88.

iShares Morningstar Mid-Cap Growth ETF Company 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.