Beacon Capital Management LLC Buys New Shares in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Beacon Capital Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,536 shares of the company’s stock, valued at approximately $109,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. M&R Capital Management Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 253.0% during the first quarter. M&R Capital Management Inc. now owns 406 shares of the company’s stock worth $29,000 after acquiring an additional 291 shares during the last quarter. WASHINGTON TRUST Co acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $45,000. Concord Wealth Partners acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $69,000. Sunbelt Securities Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 300.7% during the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock worth $78,000 after acquiring an additional 824 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in iShares Morningstar Mid-Cap Growth ETF by 18.1% during the fourth quarter. Private Trust Co. NA now owns 2,770 shares of the company’s stock worth $179,000 after acquiring an additional 425 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Down 1.9 %

NYSEARCA:IMCG traded down $1.30 on Thursday, hitting $68.01. 115,263 shares of the stock were exchanged, compared to its average volume of 136,294. The stock has a market cap of $1.97 billion, a PE ratio of 27.60 and a beta of 1.13. The stock has a fifty day moving average of $68.18 and a 200-day moving average of $67.79. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $70.85.

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.