iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $93.20 and last traded at $92.32, with a volume of 74761 shares traded. The stock had previously closed at $92.72.
iShares Morningstar Mid-Cap Growth ETF Price Performance
The stock’s fifty day simple moving average is $85.37 and its 200-day simple moving average is $82.97. The stock has a market cap of $3.66 billion, a P/E ratio of 28.77 and a beta of 1.13.
Hedge Funds Weigh In On iShares Morningstar Mid-Cap Growth ETF
A number of large investors have recently bought and sold shares of IMCG. Jane Street Group LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 40.3% in the first quarter. Jane Street Group LLC now owns 17,829 shares of the company’s stock worth $1,274,000 after acquiring an additional 5,123 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 26.9% during the second quarter. JPMorgan Chase & Co. now owns 63,701 shares of the company’s stock valued at $5,111,000 after buying an additional 13,500 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% during the second quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock valued at $49,000 after buying an additional 139 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 91.6% during the second quarter. NewEdge Advisors LLC now owns 66,253 shares of the company’s stock valued at $5,315,000 after buying an additional 31,679 shares during the last quarter. Finally, Diversify Wealth Management LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 5.3% during the second quarter. Diversify Wealth Management LLC now owns 40,603 shares of the company’s stock valued at $3,281,000 after buying an additional 2,030 shares during the last quarter.
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.
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