iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Acquired by Prospect Financial Services LLC

Prospect Financial Services LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,846 shares of the company’s stock after purchasing an additional 607 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for about 1.0% of Prospect Financial Services LLC’s holdings, making the stock its 24th biggest position. Prospect Financial Services LLC owned about 0.08% of iShares Morningstar Mid-Cap Growth ETF worth $1,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Concord Wealth Partners acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter valued at approximately $69,000. Sunbelt Securities Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 300.7% during the 1st quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock worth $78,000 after buying an additional 824 shares during the period. M&R Capital Management Inc. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 119.3% in the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after buying an additional 594 shares in the last quarter. Beacon Capital Management LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at about $109,000. Finally, Strategic Financial Concepts LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% in the second quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock worth $148,000 after acquiring an additional 215,237 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.6 %

IMCG stock opened at $74.34 on Wednesday. The company has a market capitalization of $2.15 billion, a PE ratio of 27.60 and a beta of 1.13. The stock’s 50 day moving average is $70.82 and its two-hundred day moving average is $69.05. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $53.01 and a 52-week high of $75.05.

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.