McAdam LLC Buys 1,175 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

McAdam LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 21.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,756 shares of the company’s stock after purchasing an additional 1,175 shares during the period. McAdam LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $435,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Harbour Investments Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 23.1% during the 3rd quarter. Harbour Investments Inc. now owns 5,257 shares of the company’s stock valued at $300,000 after purchasing an additional 988 shares during the last quarter. Raymond James & Associates boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 7.4% during the fourth quarter. Raymond James & Associates now owns 123,006 shares of the company’s stock valued at $7,928,000 after buying an additional 8,425 shares during the last quarter. Black Diamond Financial LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 2.2% during the 3rd quarter. Black Diamond Financial LLC now owns 27,292 shares of the company’s stock valued at $1,559,000 after buying an additional 597 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 2.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 611,398 shares of the company’s stock worth $39,405,000 after acquiring an additional 16,277 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 24.8% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 6,400 shares of the company’s stock worth $366,000 after acquiring an additional 1,271 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IMCG opened at $67.70 on Tuesday. The stock has a market capitalization of $1.99 billion, a P/E ratio of 28.23 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $53.01 and a 1-year high of $70.85. The business’s 50 day moving average is $68.60 and its two-hundred day moving average is $63.85.

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.