Neumann Capital Management LLC Purchases 14,776 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Neumann Capital Management LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the third quarter, Holdings Channel reports. The institutional investor acquired 14,776 shares of the company’s stock, valued at approximately $1,387,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 943,563 shares of the company’s stock worth $74,324,000 after acquiring an additional 26,636 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 2.8% during the 1st quarter. Bank of America Corp DE now owns 567,589 shares of the company’s stock worth $44,709,000 after acquiring an additional 15,572 shares in the last quarter. Baer Investment Advisory LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $34,027,000. Cornerstone Planning Group LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 8.6% during the 1st quarter. Cornerstone Planning Group LLC now owns 382,492 shares of the company’s stock valued at $30,129,000 after acquiring an additional 30,185 shares during the period. Finally, First Pacific Financial acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at about $26,608,000.

iShares Morningstar Mid-Cap Growth ETF Stock Up 1.0%

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $95.02 on Friday. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $75.67 and a twelve month high of $100.79. The business has a 50-day moving average price of $96.41 and a 200 day moving average price of $93.41. The firm has a market cap of $4.07 billion, a PE ratio of 28.77 and a beta of 1.13.

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.