IAG Wealth Partners LLC Has $17.87 Million Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

IAG Wealth Partners LLC raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 223,763 shares of the company’s stock after buying an additional 13,101 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up 2.1% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 17th biggest position. IAG Wealth Partners LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $17,865,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IMCG. Northwestern Mutual Wealth Management Co. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 256.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock valued at $229,403,000 after buying an additional 2,068,305 shares in the last quarter. Bank of America Corp DE boosted its position in iShares Morningstar Mid-Cap Growth ETF by 50.3% in the third quarter. Bank of America Corp DE now owns 452,420 shares of the company’s stock valued at $37,429,000 after buying an additional 151,487 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $5,975,000. Vestmark Advisory Solutions Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $5,891,000. Finally, Eclectic Associates Inc. ADV boosted its position in iShares Morningstar Mid-Cap Growth ETF by 47.2% in the fourth quarter. Eclectic Associates Inc. ADV now owns 200,442 shares of the company’s stock valued at $16,003,000 after buying an additional 64,236 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $94.32 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $75.67 and a fifty-two week high of $94.67. The firm has a market capitalization of $3.74 billion, a P/E ratio of 28.77 and a beta of 1.13. The company’s 50 day moving average price is $86.16 and its two-hundred day moving average price is $83.22.

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.