Prospect Financial Services LLC Purchases 607 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Prospect Financial Services LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,846 shares of the company’s stock after buying an additional 607 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises approximately 1.0% of Prospect Financial Services LLC’s investment portfolio, making the stock its 24th biggest position. Prospect Financial Services LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,667,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IMCG. Willner & Heller LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF by 2.0% in the 3rd quarter. Willner & Heller LLC now owns 9,576 shares of the company’s stock valued at $699,000 after buying an additional 187 shares during the period. Carnegie Investment Counsel raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.3% during the third quarter. Carnegie Investment Counsel now owns 14,329 shares of the company’s stock valued at $1,046,000 after acquiring an additional 178 shares in the last quarter. OxenFree Capital LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 5.7% in the third quarter. OxenFree Capital LLC now owns 68,543 shares of the company’s stock valued at $5,002,000 after purchasing an additional 3,697 shares during the period. LongView Wealth Management grew its stake in iShares Morningstar Mid-Cap Growth ETF by 10.6% in the third quarter. LongView Wealth Management now owns 7,315 shares of the company’s stock worth $534,000 after purchasing an additional 702 shares in the last quarter. Finally, Matrix Trust Co increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 13.6% during the 3rd quarter. Matrix Trust Co now owns 186,034 shares of the company’s stock worth $13,575,000 after purchasing an additional 22,222 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.6 %

Shares of IMCG stock opened at $74.34 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $53.01 and a twelve month high of $75.05. The stock has a fifty day simple moving average of $70.82 and a two-hundred day simple moving average of $69.05. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

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.