Ellis Investment Partners LLC Makes New $202,000 Investment in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Ellis Investment Partners LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,764 shares of the company’s stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCG. Strategic Financial Concepts LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock valued at $148,000 after buying an additional 215,237 shares during the period. Avior Wealth Management LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 106.7% during the 1st quarter. Avior Wealth Management LLC now owns 367,047 shares of the company’s stock valued at $25,943,000 after buying an additional 189,430 shares during the period. Cetera Investment Advisers grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 946.7% during the 1st quarter. Cetera Investment Advisers now owns 187,067 shares of the company’s stock valued at $13,222,000 after buying an additional 169,195 shares during the period. Ethos Financial Group LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at $8,433,000. Finally, Eagle Strategies LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 391.0% during the 2nd quarter. Eagle Strategies LLC now owns 109,301 shares of the company’s stock valued at $7,405,000 after buying an additional 87,040 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.1 %

NYSEARCA:IMCG opened at $73.53 on Monday. The firm has a market capitalization of $2.13 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The firm’s fifty day simple moving average is $71.85 and its 200 day simple moving average is $69.31. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $53.01 and a twelve month 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.