CW Advisors LLC Makes New Investment in iShares Morningstar Mid-Cap Growth ETF $IMCG

CW Advisors LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the second quarter, HoldingsChannel reports. The institutional investor acquired 76,060 shares of the company’s stock, valued at approximately $6,102,000.

A number of other large investors also recently modified their holdings of the company. Ameriprise Financial Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 31.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after buying an additional 434,630 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 4.3% in the first quarter. Raymond James Financial Inc. now owns 942,937 shares of the company’s stock worth $67,354,000 after acquiring an additional 39,160 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 781,778 shares of the company’s stock worth $62,722,000 after acquiring an additional 55,009 shares during the period. Avior Wealth Management LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.6% during the second quarter. Avior Wealth Management LLC now owns 635,237 shares of the company’s stock worth $50,965,000 after purchasing an additional 22,204 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in iShares Morningstar Mid-Cap Growth ETF by 6.7% during the 1st quarter. Royal Bank of Canada now owns 468,698 shares of the company’s stock valued at $33,479,000 after purchasing an additional 29,371 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.1%

NYSEARCA IMCG opened at $81.30 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $61.65 and a 12 month high of $83.76. The stock has a market cap of $3.11 billion, a PE ratio of 28.77 and a beta of 1.12. The stock’s 50 day moving average is $81.48 and its 200 day moving average is $80.74.

iShares Morningstar Mid-Cap Growth ETF 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.