NBC Securities Inc. Makes New $51,000 Investment in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

NBC Securities Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the first quarter, HoldingsChannel reports. The institutional investor purchased 726 shares of the company’s stock, valued at approximately $51,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $27,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $38,000. Synergy Investment Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $74,000. Blue Trust Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $82,000. Finally, Centaurus Financial Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $103,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $78.24 on Friday. The firm has a fifty day moving average price of $73.62 and a 200 day moving average price of $75.55. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $61.65 and a 1 year high of $81.68. The stock has a market cap of $2.70 billion, a PE ratio of 29.56 and a beta of 1.11.

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.