Rodgers & Associates LTD Increases Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Rodgers & Associates LTD boosted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 219,935 shares of the company’s stock after purchasing an additional 8,895 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises 1.9% of Rodgers & Associates LTD’s portfolio, making the stock its 18th largest position. Rodgers & Associates LTD owned approximately 0.76% of iShares Morningstar Mid-Cap Growth ETF worth $16,049,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 3.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock valued at $48,904,000 after buying an additional 23,442 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock valued at $44,193,000 after buying an additional 28,973 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 564,291 shares of the company’s stock valued at $38,231,000 after buying an additional 17,290 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 19.9% during the first quarter. Avantax Advisory Services Inc. now owns 398,204 shares of the company’s stock valued at $28,145,000 after buying an additional 65,978 shares during the last quarter. Finally, Avior Wealth Management LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 106.7% during the first quarter. Avior Wealth Management LLC now owns 367,047 shares of the company’s stock valued at $25,943,000 after buying an additional 189,430 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG traded down $0.59 during trading on Tuesday, reaching $73.88. 14,045 shares of the stock traded hands, compared to its average volume of 126,989. The stock has a 50-day moving average of $71.46 and a two-hundred day moving average of $69.19. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $53.01 and a 52-week high of $75.05. The stock has a market cap of $2.14 billion, a P/E ratio of 27.60 and a beta of 1.13.

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.