Silver Oak Securities Incorporated Increases Stock Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Silver Oak Securities Incorporated grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 62.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,174 shares of the company’s stock after acquiring an additional 4,675 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Concord Wealth Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter worth approximately $69,000. M&R Capital Management Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% in the third 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 last quarter. Sunbelt Securities Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 300.7% in the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock worth $78,000 after buying an additional 824 shares during the last quarter. Beacon Capital Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter worth approximately $109,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the second quarter worth approximately $174,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.1 %

IMCG opened at $73.53 on Friday. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The company’s 50 day moving average is $71.85 and its 200 day moving average is $69.31. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $53.01 and a 12-month high of $75.05.

About iShares Morningstar Mid-Cap Growth ETF

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.