Ibex Wealth Advisors Acquires New Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

Ibex Wealth Advisors bought a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 1st quarter, Holdings Channel.com reports. The fund bought 8,383 shares of the company’s stock, valued at approximately $660,000.

A number of other large investors have also added to or reduced their stakes in IMCG. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 256.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock valued at $229,403,000 after buying an additional 2,068,305 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock worth $195,474,000 after acquiring an additional 160,038 shares in the last quarter. Morgan Stanley raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 10.0% during the 4th quarter. Morgan Stanley now owns 1,149,360 shares of the company’s stock worth $91,765,000 after acquiring an additional 104,588 shares in the last quarter. Raymond James Financial Inc. lifted its position in iShares Morningstar Mid-Cap Growth ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 1,003,177 shares of the company’s stock valued at $82,993,000 after acquiring an additional 30,585 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares Morningstar Mid-Cap Growth ETF by 7.6% during the fourth quarter. Cetera Investment Advisers now owns 916,927 shares of the company’s stock valued at $73,208,000 after acquiring an additional 64,943 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.2%

Shares of IMCG opened at $97.24 on Friday. The company has a market cap of $3.97 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $75.67 and a twelve month high of $98.83. The company has a 50 day moving average of $93.78 and a two-hundred day moving average of $86.41.

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.