Marino Stram & Associates LLC Buys 7,055 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Marino Stram & Associates LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 11.1% during the first quarter, HoldingsChannel reports. The firm owned 70,492 shares of the company’s stock after buying an additional 7,055 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for about 1.0% of Marino Stram & Associates LLC’s investment portfolio, making the stock its 17th largest holding. Marino Stram & Associates LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $5,553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jane Street Group LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 40.3% during the first quarter. Jane Street Group LLC now owns 17,829 shares of the company’s stock worth $1,274,000 after buying an additional 5,123 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 26.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 63,701 shares of the company’s stock valued at $5,111,000 after acquiring an additional 13,500 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock valued at $49,000 after acquiring an additional 139 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 91.6% during the 2nd quarter. NewEdge Advisors LLC now owns 66,253 shares of the company’s stock valued at $5,315,000 after acquiring an additional 31,679 shares in the last quarter. Finally, Diversify Wealth Management LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 5.3% during the 2nd quarter. Diversify Wealth Management LLC now owns 40,603 shares of the company’s stock worth $3,281,000 after acquiring an additional 2,030 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.1%

Shares of IMCG opened at $96.93 on Wednesday. The stock has a market cap of $3.95 billion, a PE ratio of 28.77 and a beta of 1.12. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $98.83. The business has a 50-day simple moving average of $93.15 and a two-hundred day simple moving average of $86.09.

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.