Raymond James & Associates Boosts Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Raymond James & Associates lifted its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Get Rating) by 40.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 124,898 shares of the company’s stock after buying an additional 36,043 shares during the period. Raymond James & Associates’ holdings in iShares Morningstar Mid-Cap Growth ETF were worth $6,729,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IMCG. Orgel Wealth Management LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 50.0% in the 4th quarter. Orgel Wealth Management LLC now owns 372,525 shares of the company’s stock worth $20,072,000 after buying an additional 124,139 shares during the last quarter. Equitable Holdings Inc. grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 159.7% in the 3rd quarter. Equitable Holdings Inc. now owns 174,424 shares of the company’s stock worth $8,788,000 after buying an additional 107,256 shares during the last quarter. Royal Bank of Canada grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 63.2% in the 3rd quarter. Royal Bank of Canada now owns 191,440 shares of the company’s stock worth $9,645,000 after buying an additional 74,139 shares during the last quarter. Wolf Group Capital Advisors purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $3,972,000. Finally, UBS Group AG grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 11.2% in the 1st quarter. UBS Group AG now owns 614,502 shares of the company’s stock worth $39,500,000 after buying an additional 61,936 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.4 %

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $56.87 on Friday. The firm’s 50 day moving average price is $56.10 and its 200-day moving average price is $56.30. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $48.44 and a 52-week high of $61.34. The company has a market cap of $1.40 billion, a P/E ratio of 22.81 and a beta of 1.08.

iShares Morningstar Mid-Cap Growth ETF Profile

(Get Rating)

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.