Neumann Capital Management LLC Buys 14,776 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Neumann Capital Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,776 shares of the company’s stock, valued at approximately $1,387,000.

Other hedge funds also recently added to or reduced their stakes in the company. 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 purchasing an additional 26,636 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.8% in the 1st quarter. Bank of America Corp DE now owns 567,589 shares of the company’s stock valued at $44,709,000 after buying an additional 15,572 shares during the period. Baer Investment Advisory LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter worth about $34,027,000. Cornerstone Planning Group LLC boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 8.6% in the first quarter. Cornerstone Planning Group LLC now owns 382,492 shares of the company’s stock worth $30,129,000 after buying an additional 30,185 shares during the last quarter. Finally, First Pacific Financial purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $26,608,000.

iShares Morningstar Mid-Cap Growth ETF Stock Up 1.0%

iShares Morningstar Mid-Cap Growth ETF stock opened at $95.02 on Friday. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 28.77 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $75.67 and a 52 week high of $100.79. The business’s 50-day moving average price is $96.41 and its 200 day moving average price is $93.41.

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.