iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 38,183 shares, a decline of 40.8% from the April 30th total of 64,444 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 103,944 shares, the short-interest ratio is currently 0.4 days.
Institutional Investors Weigh In On iShares Morningstar Mid-Cap Growth ETF
A number of hedge funds have recently bought and sold shares of IMCG. Godfrey Financial Associates Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $29,000. Windsor Advisory Group LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at about $31,000. Dagco Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at about $30,000. Finally, Fifth Third Bancorp bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at about $37,000.
iShares Morningstar Mid-Cap Growth ETF Stock Up 0.5%
NYSEARCA IMCG traded up $0.49 during trading on Thursday, hitting $96.19. 52,469 shares of the stock traded hands, compared to its average volume of 127,485. The company has a market capitalization of $3.81 billion, a P/E ratio of 28.77 and a beta of 1.14. The firm has a 50-day simple moving average of $86.84 and a 200-day simple moving average of $83.43. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $96.21.
iShares Morningstar Mid-Cap Growth ETF Company 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.
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