Steele Capital Management Inc. Acquires 22,222 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Steele Capital Management Inc. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 13.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 186,034 shares of the company’s stock after buying an additional 22,222 shares during the quarter. Steele Capital Management Inc. owned about 0.64% of iShares Morningstar Mid-Cap Growth ETF worth $13,608,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Concord Wealth Partners bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth approximately $75,000. M&R Capital Management Inc. increased its position in iShares Morningstar Mid-Cap Growth ETF by 119.3% during the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after buying an additional 594 shares during the period. Beacon Capital Management LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at $109,000. Strategic Financial Concepts LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 6,375.5% during the second quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock worth $148,000 after purchasing an additional 215,237 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter valued at approximately $174,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA:IMCG opened at $77.85 on Thursday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $58.98 and a fifty-two week high of $78.97. The company has a market capitalization of $2.25 billion, a PE ratio of 27.60 and a beta of 1.13. The company has a 50 day simple moving average of $74.04 and a two-hundred day simple moving average of $70.44.

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.