Black Diamond Financial LLC Acquires 1,356 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Black Diamond Financial LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,992 shares of the company’s stock after buying an additional 1,356 shares during the quarter. Black Diamond Financial LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $2,407,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IMCG. Concord Wealth Partners purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $75,000. M&R Capital Management Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% in the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after acquiring an additional 594 shares during the last quarter. Beacon Capital Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter worth about $109,000. Strategic Financial Concepts LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 6,375.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock valued at $148,000 after purchasing an additional 215,237 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter valued at about $174,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IMCG opened at $77.34 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $58.23 and a 1 year high of $78.97. The firm has a 50-day simple moving average of $73.38 and a two-hundred day simple moving average of $70.13. The company has a market cap of $2.24 billion, a P/E ratio of 27.60 and a beta of 1.13.

iShares Morningstar Mid-Cap Growth ETF 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.