Elevation Capital Advisory LLC Buys 29,406 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Elevation Capital Advisory LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the third quarter, HoldingsChannel reports. The fund acquired 29,406 shares of the company’s stock, valued at approximately $2,761,000.

Several other hedge funds also recently made changes to their positions in the company. Unified Investment Management grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.3% during the 1st quarter. Unified Investment Management now owns 4,285 shares of the company’s stock valued at $338,000 after buying an additional 135 shares during the last quarter. LongView Wealth Management lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.5% in the 3rd quarter. LongView Wealth Management now owns 4,213 shares of the company’s stock valued at $396,000 after acquiring an additional 142 shares during the last quarter. Fermata Advisors LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.7% in the second quarter. Fermata Advisors LLC now owns 5,524 shares of the company’s stock valued at $543,000 after buying an additional 146 shares in the last quarter. World Investment Advisors raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 2.4% during the 1st quarter. World Investment Advisors now owns 9,149 shares of the company’s stock worth $721,000 after buying an additional 215 shares during the period. Finally, Maripau Wealth Management LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 3.4% in the first quarter. Maripau Wealth Management LLC now owns 6,614 shares of the company’s stock valued at $521,000 after purchasing an additional 219 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG opened at $93.22 on Friday. The company’s 50 day moving average price is $95.40 and its 200 day moving average price is $90.54. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $75.67 and a 52 week high of $100.79. The company has a market capitalization of $4.03 billion, a PE ratio of 28.77 and a beta of 1.13.

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.