iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Acquired by Truist Financial Corp

Truist Financial Corp grew its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 14.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 109,372 shares of the company’s stock after acquiring an additional 13,817 shares during the period. Truist Financial Corp owned about 0.38% of iShares Morningstar Mid-Cap Growth ETF worth $8,261,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Cosner Financial Group LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.9% in the fourth quarter. Cosner Financial Group LLC now owns 253,572 shares of the company’s stock worth $19,152,000 after acquiring an additional 9,607 shares during the period. J.W. Cole Advisors Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 10.6% in the fourth quarter. J.W. Cole Advisors Inc. now owns 10,101 shares of the company’s stock worth $763,000 after acquiring an additional 967 shares during the period. Stanich Group LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $1,606,000. Strategic Financial Concepts LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 8.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,463 shares of the company’s stock worth $262,000 after purchasing an additional 260 shares in the last quarter. Finally, Principal Securities Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6.0% during the fourth quarter. Principal Securities Inc. now owns 28,451 shares of the company’s stock worth $2,149,000 after purchasing an additional 1,604 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 2.4 %

IMCG stock opened at $76.80 on Friday. The stock has a market capitalization of $2.22 billion, a P/E ratio of 27.60 and a beta of 1.13. The firm has a 50-day simple moving average of $78.00 and a 200-day simple moving average of $75.23. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $64.17 and a 52 week high of $81.68.

iShares Morningstar Mid-Cap Growth ETF Company 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.