iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Acquired by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 11.3% in the 4th quarter, HoldingsChannel reports. The firm owned 6,027 shares of the company’s stock after purchasing an additional 613 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $388,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Lincoln National Corp increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 507.5% during the 4th quarter. Lincoln National Corp now owns 29,974 shares of the company’s stock valued at $1,932,000 after acquiring an additional 25,040 shares during the last quarter. McAdam LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 21.1% during the 4th quarter. McAdam LLC now owns 6,756 shares of the company’s stock valued at $435,000 after acquiring an additional 1,175 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 23.1% during the 3rd quarter. Harbour Investments Inc. now owns 5,257 shares of the company’s stock valued at $300,000 after acquiring an additional 988 shares during the last quarter. OxenFree Capital LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at about $5,544,000. Finally, Steele Capital Management Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at about $10,931,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $68.41 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $53.01 and a 12 month high of $70.85. The company has a 50-day moving average of $68.52 and a 200-day moving average of $65.37. The company has a market cap of $1.98 billion, a P/E ratio of 27.60 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.