Kingswood Wealth Advisors LLC Has $3.87 Million Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Kingswood Wealth Advisors LLC grew its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.9% during the 2nd quarter, Holdings Channel reports. The firm owned 48,213 shares of the company’s stock after purchasing an additional 408 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $3,868,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IMCG. NBC Securities Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $51,000. PFS Partners LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 2.2% during the 1st quarter. PFS Partners LLC now owns 95,669 shares of the company’s stock worth $6,834,000 after acquiring an additional 2,026 shares during the last quarter. Ipsen Advisor Group LLC increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 0.8% during the 1st quarter. Ipsen Advisor Group LLC now owns 76,945 shares of the company’s stock valued at $5,496,000 after purchasing an additional 648 shares in the last quarter. Focus Financial Network Inc. raised its position in iShares Morningstar Mid-Cap Growth ETF by 6.9% in the 1st quarter. Focus Financial Network Inc. now owns 19,736 shares of the company’s stock valued at $1,410,000 after purchasing an additional 1,270 shares during the last quarter. Finally, IAG Wealth Partners LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 8.2% in the first quarter. IAG Wealth Partners LLC now owns 184,465 shares of the company’s stock worth $13,176,000 after purchasing an additional 13,962 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.4%

Shares of NYSEARCA IMCG opened at $83.28 on Tuesday. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 28.77 and a beta of 1.08. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $61.65 and a 12-month high of $83.66. The firm’s 50-day simple moving average is $81.80 and its 200 day simple moving average is $77.72.

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.