iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Purchased by United Advisor Group LLC

United Advisor Group LLC raised its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 19.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,388 shares of the company’s stock after acquiring an additional 2,880 shares during the quarter. United Advisor Group LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,242,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $68,262,000. AdvisorShares Investments LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at about $41,295,000. LPL Financial LLC increased its position in iShares Morningstar Mid-Cap Growth ETF by 20.6% during the fourth quarter. LPL Financial LLC now owns 1,189,592 shares of the company’s stock worth $89,850,000 after buying an additional 203,055 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 47.9% in the fourth quarter. Wells Fargo & Company MN now owns 572,389 shares of the company’s stock valued at $43,233,000 after acquiring an additional 185,435 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 15.1% in the 4th quarter. Ameriprise Financial Inc. now owns 1,393,915 shares of the company’s stock valued at $105,290,000 after acquiring an additional 182,639 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA IMCG opened at $77.52 on Thursday. The firm’s fifty day moving average is $74.52 and its two-hundred day moving average is $75.47. iShares Morningstar Mid-Cap Growth ETF has a one year low of $61.65 and a one year high of $81.68. The firm has a market cap of $2.67 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.