Cetera Investment Advisers Grows Stock Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Cetera Investment Advisers increased its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 11.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 209,412 shares of the company’s stock after buying an additional 22,345 shares during the quarter. Cetera Investment Advisers owned 0.72% of iShares Morningstar Mid-Cap Growth ETF worth $14,188,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in IMCG. M&R Capital Management Inc. increased its position in iShares Morningstar Mid-Cap Growth ETF by 253.0% in the first quarter. M&R Capital Management Inc. now owns 406 shares of the company’s stock worth $29,000 after buying an additional 291 shares in the last quarter. Concord Wealth Partners purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at approximately $69,000. Sunbelt Securities Inc. boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 300.7% in the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock worth $78,000 after purchasing an additional 824 shares during the period. Beacon Capital Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter worth $109,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter valued at $174,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG opened at $72.91 on Friday. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The firm’s fifty day moving average is $69.89 and its 200 day moving average is $68.87. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $73.26.

iShares Morningstar Mid-Cap Growth ETF Company 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.