Benjamin Edwards Inc. Purchases Shares of 5,017 iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Benjamin Edwards Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,017 shares of the company’s stock, valued at approximately $366,000.

Several other institutional investors have also recently made changes to their positions in IMCG. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after acquiring an additional 23,442 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock worth $44,193,000 after purchasing an additional 28,973 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 564,291 shares of the company’s stock valued at $38,231,000 after purchasing an additional 17,290 shares during the period. Avior Wealth Management LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 4.7% during the 3rd quarter. Avior Wealth Management LLC now owns 547,910 shares of the company’s stock valued at $39,969,000 after buying an additional 24,367 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 6.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 310,146 shares of the company’s stock worth $22,982,000 after buying an additional 17,527 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.1 %

NYSEARCA:IMCG opened at $80.54 on Tuesday. The business’s 50-day simple moving average is $76.24 and its two-hundred day simple moving average is $71.51. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $60.90 and a 52 week high of $81.68. The stock has a market cap of $2.33 billion, a PE ratio of 27.60 and a beta of 1.13.

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.