Ipsen Advisor Group LLC Raises Stake in iShares Morningstar Mid-Cap Growth ETF $IMCG

Ipsen Advisor Group LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 78,555 shares of the company’s stock after buying an additional 1,610 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up about 4.8% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 4th largest holding. Ipsen Advisor Group LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $6,303,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 19,942 shares of the company’s stock worth $1,424,000 after purchasing an additional 330 shares in the last quarter. Avior Wealth Management LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 3.6% during the second quarter. Avior Wealth Management LLC now owns 635,237 shares of the company’s stock valued at $50,965,000 after purchasing an additional 22,204 shares in the last quarter. Nemes Rush Group LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at about $26,000. Atria Wealth Solutions Inc. increased its position in iShares Morningstar Mid-Cap Growth ETF by 3.2% in the first quarter. Atria Wealth Solutions Inc. now owns 14,178 shares of the company’s stock worth $1,013,000 after buying an additional 434 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 14.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 12,176 shares of the company’s stock worth $870,000 after acquiring an additional 1,551 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IMCG opened at $80.53 on Friday. The company has a market capitalization of $3.08 billion, a P/E ratio of 28.77 and a beta of 1.12. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $61.65 and a 1-year high of $83.76. The firm’s 50 day simple moving average is $82.29 and its two-hundred day simple moving average is $79.75.

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.