Oppenheimer & Co. Inc. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 1.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 88,557 shares of the company’s stock after purchasing an additional 963 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $6,689,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $34,000. Blue Trust Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $82,000. BankPlus Trust Department acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $132,000. Tanglewood Legacy Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth about $158,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at about $170,000.
iShares Morningstar Mid-Cap Growth ETF Stock Performance
Shares of NYSEARCA IMCG opened at $75.39 on Friday. The business has a 50 day simple moving average of $77.89 and a 200 day simple moving average of $75.49. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $64.17 and a 52 week high of $81.68. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 28.86 and a beta of 1.11.
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.
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Want to see what other hedge funds are holding IMCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report).
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