Elevation Capital Advisory LLC Purchases 88,524 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Elevation Capital Advisory LLC grew its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1,801.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 93,437 shares of the company’s stock after buying an additional 88,524 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up 3.1% of Elevation Capital Advisory LLC’s portfolio, making the stock its 13th largest position. Elevation Capital Advisory LLC owned approximately 0.25% of iShares Morningstar Mid-Cap Growth ETF worth $7,730,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Financial Consulate Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $25,000. Quaker Wealth Management LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 200.3% during the 2nd quarter. Quaker Wealth Management LLC now owns 336 shares of the company’s stock valued at $27,000 after purchasing an additional 671 shares in the last quarter. Russell Investments Group Ltd. grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock valued at $49,000 after purchasing an additional 139 shares during the period. Compass Planning Associates Inc increased its stake in iShares Morningstar Mid-Cap Growth ETF by 43.8% during the 2nd quarter. Compass Planning Associates Inc now owns 719 shares of the company’s stock worth $58,000 after purchasing an additional 219 shares in the last quarter. Finally, Concord Wealth Partners bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter worth approximately $86,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG opened at $83.43 on Friday. The firm has a market cap of $3.24 billion, a P/E ratio of 28.77 and a beta of 1.12. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $61.65 and a twelve month high of $83.89. The firm’s 50 day moving average price is $81.04 and its two-hundred day moving average price is $81.53.

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.