Chaney Capital Management Inc. Buys 6,785 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Chaney Capital Management Inc. increased its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 18.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,248 shares of the company’s stock after buying an additional 6,785 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 1.5% of Chaney Capital Management Inc.’s portfolio, making the stock its 13th largest holding. Chaney Capital Management Inc.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $3,267,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Rosenberg Matthew Hamilton purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at about $34,000. Concord Wealth Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $75,000. Pinnacle Bancorp Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $170,000. Ellis Investment Partners LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $202,000. Finally, Stratos Wealth Partners LTD. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $205,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.3 %

IMCG opened at $79.73 on Friday. The company has a market cap of $2.30 billion, a P/E ratio of 27.60 and a beta of 1.13. The business’s 50-day moving average price is $78.23 and its 200-day moving average price is $74.48. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $64.17 and a 12 month high of $81.68.

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.