Nations Financial Group Inc. IA ADV Acquires 8,108 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Nations Financial Group Inc. IA ADV boosted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 7.2% in the third quarter, Holdings Channel reports. The institutional investor owned 121,005 shares of the company’s stock after acquiring an additional 8,108 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 0.6% of Nations Financial Group Inc. IA ADV’s investment portfolio, making the stock its 29th biggest holding. Nations Financial Group Inc. IA ADV’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $10,011,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IMCG. Rockport Wealth LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the second quarter worth approximately $32,494,000. Fortitude Financial LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the second quarter valued at approximately $13,485,000. American Trust purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter worth approximately $7,465,000. CW Advisors LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter worth approximately $6,102,000. Finally, Eclectic Associates Inc. ADV increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 114.0% in the 3rd quarter. Eclectic Associates Inc. ADV now owns 136,206 shares of the company’s stock worth $11,268,000 after buying an additional 72,568 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

iShares Morningstar Mid-Cap Growth ETF stock opened at $83.47 on Friday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $61.65 and a fifty-two week high of $83.86. The stock has a market cap of $3.23 billion, a P/E ratio of 28.77 and a beta of 1.12. The firm’s fifty day moving average price is $80.92 and its 200-day moving average price is $81.47.

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.