IAG Wealth Partners LLC Raises Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

IAG Wealth Partners LLC increased its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 170,805 shares of the company’s stock after acquiring an additional 5,317 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up about 2.3% of IAG Wealth Partners LLC’s portfolio, making the stock its 13th biggest holding. IAG Wealth Partners LLC owned about 0.59% of iShares Morningstar Mid-Cap Growth ETF worth $12,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 43,664 shares of the company’s stock valued at $3,186,000 after buying an additional 2,862 shares during the last quarter. Focus Financial Network Inc. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 5.7% during the 3rd quarter. Focus Financial Network Inc. now owns 16,929 shares of the company’s stock valued at $1,235,000 after buying an additional 918 shares during the last quarter. Voisard Asset Management Group Inc. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 345.4% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 12,475 shares of the company’s stock valued at $910,000 after buying an additional 9,674 shares during the last quarter. Diversify Wealth Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at about $1,438,000. Finally, Pinnacle Associates Ltd. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 27.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 9,150 shares of the company’s stock valued at $668,000 after buying an additional 1,950 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.3 %

Shares of NYSEARCA IMCG traded up $0.25 during trading on Friday, reaching $72.91. 144,428 shares of the company traded hands, compared to its average volume of 126,208. The firm’s fifty day simple moving average is $72.19 and its 200 day simple moving average is $69.50. The stock has a market cap of $2.11 billion, a P/E ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $54.66 and a 12-month high of $75.05.

About iShares Morningstar Mid-Cap Growth ETF

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.