Parallel Advisors LLC Has $148,000 Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Parallel Advisors LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 31.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,848 shares of the company’s stock after buying an additional 438 shares during the period. Parallel Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $148,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IMCG. LPL Financial LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 69.1% during the first quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock worth $143,666,000 after buying an additional 821,692 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 31.2% during the first quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after buying an additional 434,630 shares in the last quarter. Elevation Capital Advisory LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $8,733,000. PTM Wealth Management LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $7,588,000. Finally, Silver Oak Wealth Advisors Services LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $7,670,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG opened at $82.51 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $61.65 and a fifty-two week high of $83.26. The firm’s fifty day moving average price is $81.66 and its two-hundred day moving average price is $77.00. The company has a market capitalization of $2.90 billion, a P/E ratio of 28.77 and a beta of 1.08.

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.