Aire Advisors LLC Has $2.15 Million Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Aire Advisors LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,518 shares of the company’s stock after purchasing an additional 767 shares during the quarter. Aire Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $2,154,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at approximately $68,262,000. Strategic Financial Concepts LLC raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock valued at $18,332,000 after acquiring an additional 239,515 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 20.6% during the fourth quarter. LPL Financial LLC now owns 1,189,592 shares of the company’s stock worth $89,850,000 after purchasing an additional 203,055 shares during the period. SRS Capital Advisors Inc. grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 102,908.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock worth $12,293,000 after purchasing an additional 162,596 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 29.8% in the fourth 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 during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 2.4 %

NYSEARCA IMCG opened at $74.14 on Tuesday. The firm has a market capitalization of $2.52 billion, a PE ratio of 26.48 and a beta of 1.13. The business’s 50-day moving average price is $76.69 and its two-hundred day moving average price is $75.95. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $64.17 and a 12 month 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.