27,070 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG Bought by Rhodes Investment Advisors Inc. ADV

Rhodes Investment Advisors Inc. ADV purchased a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 27,070 shares of the company’s stock, valued at approximately $2,542,000. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 1.8% of Rhodes Investment Advisors Inc. ADV’s holdings, making the stock its 17th largest position. Rhodes Investment Advisors Inc. ADV owned 0.06% of iShares Morningstar Mid-Cap Growth ETF as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IMCG. American National Bank & Trust acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $236,000. Capital Analysts LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.7% during the 2nd quarter. Capital Analysts LLC now owns 12,429 shares of the company’s stock worth $1,221,000 after purchasing an additional 322 shares during the period. NewEdge Advisors LLC increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 17.9% during the 2nd quarter. NewEdge Advisors LLC now owns 109,197 shares of the company’s stock worth $10,734,000 after purchasing an additional 16,582 shares during the last quarter. XY Planning Network Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter valued at about $344,000. Finally, Studio Investment Management LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 21.4% in the second quarter. Studio Investment Management LLC now owns 3,827 shares of the company’s stock valued at $376,000 after buying an additional 674 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.3%

IMCG stock traded down $1.24 during mid-day trading on Wednesday, hitting $96.09. 121,975 shares of the company were exchanged, compared to its average volume of 127,519. The firm has a market capitalization of $4.11 billion, a P/E ratio of 28.77 and a beta of 1.13. The business has a fifty day simple moving average of $96.50 and a 200-day simple moving average of $92.59. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $100.79.

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.