Black Diamond Financial LLC Boosts Stock Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Black Diamond Financial LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,636 shares of the company’s stock after buying an additional 1,362 shares during the period. Black Diamond Financial LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $2,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 20.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock worth $15,015,000 after acquiring an additional 37,486 shares in the last quarter. PFG Advisors increased its stake in iShares Morningstar Mid-Cap Growth ETF by 37.6% in the second quarter. PFG Advisors now owns 48,721 shares of the company’s stock valued at $3,301,000 after purchasing an additional 13,312 shares during the last quarter. Eagle Strategies LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 391.0% during the second quarter. Eagle Strategies LLC now owns 109,301 shares of the company’s stock worth $7,405,000 after purchasing an additional 87,040 shares in the last quarter. MGO One Seven LLC lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 0.4% during the 2nd quarter. MGO One Seven LLC now owns 111,250 shares of the company’s stock worth $7,537,000 after buying an additional 455 shares during the last quarter. Finally, Beam Wealth Advisors Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter valued at $934,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $70.79 on Monday. The firm’s fifty day moving average price is $68.91 and its 200 day moving average price is $68.57. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $53.01 and a 12 month high of $71.25. The company has a market capitalization of $2.05 billion, a price-to-earnings 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.