iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Sees Unusually-High Trading Volume – What’s Next?

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) saw an uptick in trading volume on Wednesday . 124,511 shares changed hands during trading, an increase of 16% from the previous session’s volume of 107,760 shares.The stock last traded at $75.75 and had previously closed at $76.15.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.6 %

The company has a market capitalization of $2.18 billion, a PE ratio of 27.60 and a beta of 1.13. The company’s 50 day moving average is $77.95 and its two-hundred day moving average is $73.01.

Hedge Funds Weigh In On iShares Morningstar Mid-Cap Growth ETF

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 30.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,394 shares of the company’s stock worth $1,561,000 after acquiring an additional 5,055 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth about $857,000. TD Private Client Wealth LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,913 shares of the company’s stock worth $796,000 after acquiring an additional 475 shares during the last quarter. MML Investors Services LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.8% in the 3rd quarter. MML Investors Services LLC now owns 71,222 shares of the company’s stock worth $5,197,000 after acquiring an additional 3,246 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth about $1,995,000.

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.