Silverlake Wealth Management LLC Acquires Shares of 2,896 iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Silverlake Wealth Management LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,896 shares of the company’s stock, valued at approximately $219,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IMCG. Geneos Wealth Management Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 2.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,908 shares of the company’s stock valued at $446,000 after purchasing an additional 141 shares in the last quarter. Mayfair Advisory Group LLC increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 2.5% during the third quarter. Mayfair Advisory Group LLC now owns 5,806 shares of the company’s stock valued at $423,000 after acquiring an additional 144 shares in the last quarter. Carnegie Investment Counsel raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 1.0% in the 4th quarter. Carnegie Investment Counsel now owns 14,479 shares of the company’s stock worth $1,094,000 after acquiring an additional 150 shares during the last quarter. Willner & Heller LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 2.0% in the 3rd quarter. Willner & Heller LLC now owns 9,576 shares of the company’s stock valued at $699,000 after acquiring an additional 187 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 1.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 12,258 shares of the company’s stock valued at $894,000 after purchasing an additional 232 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Up 1.0 %

iShares Morningstar Mid-Cap Growth ETF stock opened at $79.89 on Thursday. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $64.17 and a 12 month high of $81.68. The stock has a fifty day simple moving average of $78.25 and a two-hundred day simple moving average of $74.34.

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.