Nations Financial Group Inc. IA ADV Acquires 13,359 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Nations Financial Group Inc. IA ADV raised its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 15.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 100,775 shares of the company’s stock after purchasing an additional 13,359 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $7,612,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton bought a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $34,000. Concord Wealth Partners bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $75,000. Blue Trust Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $82,000. Pinnacle Bancorp Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $170,000. Finally, Ellis Investment Partners LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $202,000.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.2 %

Shares of NYSEARCA IMCG opened at $79.56 on Friday. The company’s fifty day moving average is $78.10 and its 200-day moving average is $74.83. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $64.17 and a twelve month high of $81.68.

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.