Stifel Financial Corp Acquires 4,061 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Stifel Financial Corp raised its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 36.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,158 shares of the company’s stock after acquiring an additional 4,061 shares during the quarter. Stifel Financial Corp owned approximately 0.05% of iShares Morningstar Mid-Cap Growth ETF worth $1,145,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IMCG. Raymond James Financial Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at approximately $68,262,000. Strategic Financial Concepts LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock worth $18,332,000 after acquiring an additional 239,515 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 20.6% in the 4th quarter. LPL Financial LLC now owns 1,189,592 shares of the company’s stock worth $89,850,000 after purchasing an additional 203,055 shares in the last quarter. Wells Fargo & Company MN grew its position in iShares Morningstar Mid-Cap Growth ETF by 47.9% during the fourth quarter. Wells Fargo & Company MN now owns 572,389 shares of the company’s stock valued at $43,233,000 after acquiring an additional 185,435 shares during the last quarter. Finally, SRS Capital Advisors Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 102,908.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock valued at $12,293,000 after purchasing an additional 162,596 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of IMCG stock opened at $74.44 on Friday. The stock has a market capitalization of $2.56 billion, a PE ratio of 25.73 and a beta of 1.15. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $61.65 and a 1-year high of $81.68. The business has a 50-day moving average of $70.73 and a 200 day moving average of $75.31.

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.