Northwestern Mutual Wealth Management Co. Boosts Stake in iShares Morningstar Mid-Cap Growth ETF $IMCG

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 841,443 shares of the company’s stock after purchasing an additional 36,460 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $67,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IMCG. Jane Street Group LLC raised its holdings in iShares Morningstar Mid-Cap Growth ETF by 40.3% in the 1st quarter. Jane Street Group LLC now owns 17,829 shares of the company’s stock valued at $1,274,000 after acquiring an additional 5,123 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 26.9% in the second quarter. JPMorgan Chase & Co. now owns 63,701 shares of the company’s stock valued at $5,111,000 after purchasing an additional 13,500 shares during the period. Russell Investments Group Ltd. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 29.3% in the second quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock valued at $49,000 after purchasing an additional 139 shares during the last quarter. NewEdge Advisors LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 91.6% during the second quarter. NewEdge Advisors LLC now owns 66,253 shares of the company’s stock worth $5,315,000 after buying an additional 31,679 shares during the period. Finally, Diversify Wealth Management LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 5.3% during the second quarter. Diversify Wealth Management LLC now owns 40,603 shares of the company’s stock worth $3,281,000 after buying an additional 2,030 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $93.52 on Friday. The company has a market cap of $3.70 billion, a P/E ratio of 28.77 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $75.67 and a 12 month high of $93.57. The company has a 50-day moving average of $85.88 and a 200-day moving average of $83.13.

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.