Mercer Global Advisors Inc. ADV Decreases Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Mercer Global Advisors Inc. ADV decreased its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,670 shares of the company’s stock after selling 1,437 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.10% of iShares Morningstar Mid-Cap Growth ETF worth $1,875,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Axxcess Wealth Management LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 10.2% during the second quarter. Axxcess Wealth Management LLC now owns 14,907 shares of the company’s stock worth $1,010,000 after buying an additional 1,383 shares during the period. Black Diamond Financial LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 4.5% during the 2nd quarter. Black Diamond Financial LLC now owns 31,636 shares of the company’s stock valued at $2,143,000 after purchasing an additional 1,362 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Morningstar Mid-Cap Growth ETF by 20.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock worth $15,015,000 after purchasing an additional 37,486 shares during the period. PFG Advisors lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 37.6% in the second quarter. PFG Advisors now owns 48,721 shares of the company’s stock worth $3,301,000 after purchasing an additional 13,312 shares during the last quarter. Finally, Eagle Strategies LLC boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 391.0% during the second quarter. Eagle Strategies LLC now owns 109,301 shares of the company’s stock valued at $7,405,000 after buying an additional 87,040 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IMCG opened at $72.58 on Tuesday. The business’s 50 day moving average price is $69.31 and its 200-day moving average price is $68.68. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $72.66. The company has a market cap of $2.10 billion, a price-to-earnings 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.