Marino Stram & Associates LLC Acquires 6,435 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Marino Stram & Associates LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 11.3% during the 4th quarter, HoldingsChannel reports. The firm owned 63,437 shares of the company’s stock after purchasing an additional 6,435 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises approximately 0.9% of Marino Stram & Associates LLC’s holdings, making the stock its 19th largest position. Marino Stram & Associates LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $5,065,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Financial Consulate Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $25,000. Dagco Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $30,000. Windsor Advisory Group LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth about $31,000. Fifth Third Bancorp bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $37,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% in the second quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock worth $49,000 after acquiring an additional 139 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.5%

IMCG opened at $80.15 on Friday. The company has a market cap of $3.12 billion, a P/E ratio of 28.77 and a beta of 1.12. The company’s 50 day moving average is $81.67 and its 200-day moving average is $81.63. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $61.65 and a 1-year high of $84.76.

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.