Commonwealth Equity Services LLC Raises Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Commonwealth Equity Services LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 613,744 shares of the company’s stock after acquiring an additional 1,371 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $49,241,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of 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 purchasing an additional 821,692 shares during the period. Ameriprise Financial Inc. raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 31.2% in the first quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after purchasing an additional 434,630 shares in the last quarter. Elevation Capital Advisory LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF in the first quarter worth $8,733,000. PTM Wealth Management LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at $7,588,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of 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 worth $51,913,000 after buying an additional 88,738 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA:IMCG opened at $81.29 on Friday. iShares Morningstar Mid-Cap Growth ETF has a one year low of $61.65 and a one year high of $83.76. The company’s 50-day simple moving average is $82.28 and its 200 day simple moving average is $79.85. The firm has a market capitalization of $3.11 billion, a P/E ratio of 28.77 and a beta of 1.12.

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.