Beam Wealth Advisors Inc. Acquires 5,238 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Beam Wealth Advisors Inc. boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 29.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,246 shares of the company’s stock after buying an additional 5,238 shares during the period. Beam Wealth Advisors Inc.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,756,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $68,262,000. Avior Wealth Management LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 1.8% during the fourth quarter. Avior Wealth Management LLC now owns 557,968 shares of the company’s stock valued at $42,143,000 after buying an additional 10,058 shares during the period. Cornerstone Planning Group LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 0.3% during the fourth quarter. Cornerstone Planning Group LLC now owns 311,080 shares of the company’s stock valued at $24,457,000 after buying an additional 934 shares during the period. Cosner Financial Group LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 3.9% during the fourth quarter. Cosner Financial Group LLC now owns 253,572 shares of the company’s stock valued at $19,152,000 after buying an additional 9,607 shares during the period. Finally, Strategic Financial Concepts LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock valued at $18,332,000 after buying an additional 239,515 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Down 2.5 %

IMCG opened at $73.25 on Friday. The stock has a 50-day moving average price of $77.65 and a 200-day moving average price of $75.72. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $64.17 and a 12-month high of $81.68. The stock has a market capitalization of $2.53 billion, a P/E ratio of 28.86 and a beta of 1.11.

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.