Valley National Advisers Inc. Acquires 1,396 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Valley National Advisers Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,090 shares of the company’s stock after purchasing an additional 1,396 shares during the period. Valley National Advisers Inc. owned about 0.18% of iShares Morningstar Mid-Cap Growth ETF worth $3,822,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Axxcess Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at $681,000. Key Client Fiduciary Advisors LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 24.8% during the third quarter. Key Client Fiduciary Advisors LLC now owns 6,400 shares of the company’s stock worth $366,000 after buying an additional 1,271 shares during the last quarter. KPP Advisory Services LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth approximately $274,000. Maripau Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth approximately $203,000. Finally, Horizon Family Wealth Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth approximately $1,235,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.4 %

NYSEARCA IMCG traded up $0.25 during trading hours on Wednesday, reaching $67.75. 49,231 shares of the company’s stock were exchanged, compared to its average volume of 139,984. The firm has a fifty day moving average of $67.99 and a 200-day moving average of $67.10. iShares Morningstar Mid-Cap Growth ETF has a one year low of $53.01 and a one year high of $70.85. The stock has a market cap of $1.96 billion, a PE 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.