Kingsview Wealth Management LLC Acquires 4,320 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Kingsview Wealth Management LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 73,243 shares of the company’s stock after purchasing an additional 4,320 shares during the period. Kingsview Wealth Management LLC owned 0.25% of iShares Morningstar Mid-Cap Growth ETF worth $5,345,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IMCG. Strategic Financial Concepts LLC boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% during the second quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock valued at $148,000 after purchasing an additional 215,237 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 946.7% during the first quarter. Cetera Investment Advisers now owns 187,067 shares of the company’s stock valued at $13,222,000 after purchasing an additional 169,195 shares in the last quarter. Eagle Strategies LLC boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 391.0% during the second quarter. Eagle Strategies LLC now owns 109,301 shares of the company’s stock valued at $7,405,000 after purchasing an additional 87,040 shares in the last quarter. Nwam LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at approximately $3,773,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 20.4% during the second quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock valued at $15,015,000 after purchasing an additional 37,486 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA IMCG opened at $79.81 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $59.15 and a 52-week high of $79.92. The firm’s 50 day moving average price is $74.39 and its 200-day moving average price is $70.59. The company has a market cap of $2.31 billion, a PE ratio of 27.60 and a beta of 1.13.

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.