iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 721,817 shares of the company’s stock after purchasing an additional 23,442 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $48,904,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IMCG. Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock valued at $44,193,000 after acquiring an additional 28,973 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 564,291 shares of the company’s stock valued at $38,231,000 after acquiring an additional 17,290 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 19.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 398,204 shares of the company’s stock valued at $28,145,000 after acquiring an additional 65,978 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 106.7% in the 1st quarter. Avior Wealth Management LLC now owns 367,047 shares of the company’s stock valued at $25,943,000 after acquiring an additional 189,430 shares in the last quarter. Finally, Cornerstone Planning Group LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 6.4% in the 1st quarter. Cornerstone Planning Group LLC now owns 273,771 shares of the company’s stock worth $18,458,000 after buying an additional 16,574 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.2 %

IMCG stock opened at $72.91 on Monday. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $53.01 and a 12-month high of $73.26. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The company has a 50 day moving average of $69.57 and a two-hundred day moving average of $68.77.

iShares Morningstar Mid-Cap Growth ETF Company 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.