Sigma Planning Corp Grows Stock Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Sigma Planning Corp raised its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 33.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,654 shares of the company’s stock after buying an additional 29,619 shares during the quarter. Sigma Planning Corp owned approximately 0.41% of iShares Morningstar Mid-Cap Growth ETF worth $8,658,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IMCG. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after buying an additional 23,442 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock worth $44,193,000 after purchasing an additional 28,973 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 564,291 shares of the company’s stock valued at $38,231,000 after purchasing an additional 17,290 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 19.9% during the 1st quarter. Avantax Advisory Services Inc. now owns 398,204 shares of the company’s stock worth $28,145,000 after purchasing an additional 65,978 shares during the period. Finally, Cornerstone Planning Group LLC increased its position in iShares Morningstar Mid-Cap Growth ETF by 6.4% during the 1st quarter. Cornerstone Planning Group LLC now owns 273,771 shares of the company’s stock worth $18,458,000 after purchasing an additional 16,574 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 1.0 %

Shares of IMCG stock opened at $77.86 on Friday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $55.87 and a fifty-two week high of $77.99. The firm’s 50 day moving average price is $72.71 and its two-hundred day moving average price is $69.84. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

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.