Black Swift Group LLC Acquires New Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Black Swift Group LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 31,700 shares of the company’s stock, valued at approximately $2,394,000.

Other large investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 5,908 shares of the company’s stock valued at $446,000 after purchasing an additional 141 shares in the last quarter. Carnegie Investment Counsel grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 1.0% in the 4th quarter. Carnegie Investment Counsel now owns 14,479 shares of the company’s stock valued at $1,094,000 after buying an additional 150 shares during the last quarter. First Horizon Advisors Inc. grew its position in iShares Morningstar Mid-Cap Growth ETF by 1.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 12,258 shares of the company’s stock worth $894,000 after purchasing an additional 232 shares during the last quarter. Nwam LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 0.5% during the 4th quarter. Nwam LLC now owns 51,944 shares of the company’s stock worth $3,923,000 after purchasing an additional 242 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 8.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,463 shares of the company’s stock worth $262,000 after purchasing an additional 260 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG stock opened at $75.12 on Thursday. iShares Morningstar Mid-Cap Growth ETF has a one year low of $64.17 and a one year high of $81.68. The company has a fifty day moving average of $77.74 and a 200-day moving average of $75.74. The stock has a market capitalization of $2.59 billion, a PE ratio of 28.86 and a beta of 1.11.

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.