4,896 Shares in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Acquired by Montis Financial LLC

Montis Financial LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 4,896 shares of the company’s stock, valued at approximately $370,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IMCG. Raymond James Financial Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $68,262,000. Strategic Financial Concepts LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock valued at $18,332,000 after purchasing an additional 239,515 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 102,908.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock valued at $12,293,000 after purchasing an additional 162,596 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 29.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 609,856 shares of the company’s stock valued at $46,062,000 after purchasing an additional 140,171 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 100.9% during the 4th quarter. Private Advisor Group LLC now owns 211,353 shares of the company’s stock valued at $15,964,000 after purchasing an additional 106,145 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IMCG opened at $71.45 on Friday. The stock has a fifty day moving average price of $77.11 and a two-hundred day moving average price of $75.77. The firm has a market cap of $2.43 billion, a P/E ratio of 26.48 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $64.17 and a 1 year high of $81.68.

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.