iShares Morningstar Mid-Cap Growth ETF $IMCG Stock Position Raised by Castle Wealth Management LLC

Castle Wealth Management LLC raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 61,708 shares of the company’s stock after purchasing an additional 929 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up 1.8% of Castle Wealth Management LLC’s holdings, making the stock its 14th largest position. Castle Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $4,951,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 69.1% in the 1st quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock valued at $143,666,000 after buying an additional 821,692 shares during the period. Ameriprise Financial Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 31.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock valued at $130,649,000 after buying an additional 434,630 shares during the period. Raymond James Financial Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 4.3% in the 1st quarter. Raymond James Financial Inc. now owns 942,937 shares of the company’s stock valued at $67,354,000 after buying an additional 39,160 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 13.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 726,769 shares of the company’s stock valued at $51,913,000 after buying an additional 88,738 shares during the period. Finally, Avior Wealth Management LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 3.6% in the 2nd quarter. Avior Wealth Management LLC now owns 635,237 shares of the company’s stock valued at $50,965,000 after buying an additional 22,204 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

iShares Morningstar Mid-Cap Growth ETF stock opened at $82.06 on Thursday. The firm has a market cap of $3.11 billion, a PE ratio of 28.77 and a beta of 1.08. The firm’s 50 day moving average price is $82.09 and its two-hundred day moving average price is $78.53. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $61.65 and a twelve month high of $83.66.

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.