980 Shares in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Purchased by Synergy Investment Management LLC

Synergy Investment Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 980 shares of the company’s stock, valued at approximately $74,000.

Several other large investors have also recently added to or reduced their stakes in IMCG. Strategic Financial Concepts LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock worth $18,332,000 after acquiring an additional 239,515 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 102,908.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock worth $12,293,000 after acquiring an additional 162,596 shares during the last quarter. Private Advisor Group LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 100.9% during the fourth quarter. Private Advisor Group LLC now owns 211,353 shares of the company’s stock worth $15,964,000 after acquiring an additional 106,145 shares during the last quarter. Tandem Financial LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $4,955,000. Finally, Bouvel Investment Partners LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $4,613,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG stock opened at $74.16 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $64.17 and a 1 year high of $81.68. The firm has a market cap of $2.56 billion, a P/E ratio of 28.86 and a beta of 1.11. The stock has a 50-day simple moving average of $77.78 and a 200-day simple moving average of $75.74.

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.