Verde Capital Management Boosts Stock Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

Verde Capital Management lifted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 11.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 77,518 shares of the company’s stock after purchasing an additional 7,664 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises 1.3% of Verde Capital Management’s holdings, making the stock its 14th biggest position. Verde Capital Management owned 0.20% of iShares Morningstar Mid-Cap Growth ETF worth $6,106,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IMCG. OxenFree Capital LLC increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 20.3% during the first quarter. OxenFree Capital LLC now owns 110,463 shares of the company’s stock valued at $9,429,000 after buying an additional 18,625 shares during the period. Allegheny Financial Group lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 36.2% during the first quarter. Allegheny Financial Group now owns 220,414 shares of the company’s stock worth $17,362,000 after buying an additional 58,639 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 6.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 138,725 shares of the company’s stock worth $10,927,000 after buying an additional 8,898 shares during the period. World Investment Advisors bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $713,000. Finally, Monetary Solutions Ltd bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $322,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.5%

Shares of NYSEARCA:IMCG opened at $97.49 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $97.89. The business’s fifty day simple moving average is $90.74 and its 200-day simple moving average is $84.84. The company has a market capitalization of $3.86 billion, a PE ratio of 28.77 and a beta of 1.14.

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.