iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Stock Short Interest Report for October

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 88,644 shares, a decline of 43.7% from the September 30th total of 157,460 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 131,682 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On iShares Morningstar Mid-Cap Growth ETF

A number of institutional investors have recently added to or reduced their stakes in IMCG. Cetera Investment Advisers grew its position in iShares Morningstar Mid-Cap Growth ETF by 2.9% during the 1st quarter. Cetera Investment Advisers now owns 943,563 shares of the company’s stock worth $74,324,000 after acquiring an additional 26,636 shares during the last quarter. Bank of America Corp DE lifted its position in iShares Morningstar Mid-Cap Growth ETF by 2.8% in the first quarter. Bank of America Corp DE now owns 567,589 shares of the company’s stock valued at $44,709,000 after purchasing an additional 15,572 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $51,481,000. Victory Financial Group LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 3.1% in the third quarter. Victory Financial Group LLC now owns 444,213 shares of the company’s stock valued at $41,707,000 after purchasing an additional 13,294 shares during the last quarter. Finally, Baer Investment Advisory LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at approximately $34,027,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

iShares Morningstar Mid-Cap Growth ETF stock opened at $93.21 on Tuesday. The stock has a market cap of $4.03 billion, a P/E ratio of 28.77 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $75.67 and a fifty-two week high of $100.79. The firm’s fifty day moving average price is $95.30 and its 200-day moving average price is $90.59.

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.