Beam Wealth Advisors Inc. Buys 4,227 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Beam Wealth Advisors Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 30.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,008 shares of the company’s stock after purchasing an additional 4,227 shares during the quarter. Beam Wealth Advisors Inc. owned about 0.06% of iShares Morningstar Mid-Cap Growth ETF worth $1,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IMCG. Atomi Financial Group Inc. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 23.5% in the 1st quarter. Atomi Financial Group Inc. now owns 4,789 shares of the company’s stock valued at $338,000 after buying an additional 911 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 19.9% in the first quarter. Avantax Advisory Services Inc. now owns 398,204 shares of the company’s stock valued at $28,145,000 after acquiring an additional 65,978 shares during the last quarter. Ethos Financial Group LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the first quarter worth about $8,433,000. Kingsview Wealth Management LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 28.9% during the 1st quarter. Kingsview Wealth Management LLC now owns 19,383 shares of the company’s stock worth $1,370,000 after purchasing an additional 4,343 shares during the last quarter. Finally, Blair William & Co. IL lifted its position in iShares Morningstar Mid-Cap Growth ETF by 8.1% during the 1st quarter. Blair William & Co. IL now owns 5,269 shares of the company’s stock valued at $372,000 after purchasing an additional 394 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 1.0 %

Shares of NYSEARCA IMCG opened at $77.86 on Monday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $55.87 and a 1 year high of $77.99. The firm’s 50-day moving average is $72.71 and its 200-day moving average is $69.86. The firm has a market capitalization of $2.25 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.