DDFG Inc Raises Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

DDFG Inc grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 53.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 77,581 shares of the company’s stock after acquiring an additional 27,125 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises approximately 1.3% of DDFG Inc’s investment portfolio, making the stock its 22nd biggest holding. DDFG Inc owned approximately 0.20% of iShares Morningstar Mid-Cap Growth ETF worth $6,111,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 256.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock worth $229,403,000 after purchasing an additional 2,068,305 shares during the period. Arax Advisory Partners bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $21,808,000. LPL Financial LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock worth $195,474,000 after buying an additional 160,038 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 50.3% in the 3rd quarter. Bank of America Corp DE now owns 452,420 shares of the company’s stock worth $37,429,000 after buying an additional 151,487 shares during the period. Finally, Granville Capital Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth $10,679,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG opened at $96.40 on Monday. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 28.77 and a beta of 1.14. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $98.02. The business’s fifty day simple moving average is $91.69 and its 200-day simple moving average is $85.27.

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.