Eclectic Associates Inc. ADV Makes New $25.05 Million Investment in iShares Morningstar Mid-Cap Growth ETF $IMCG

Eclectic Associates Inc. ADV acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 266,843 shares of the company’s stock, valued at approximately $25,054,000. iShares Morningstar Mid-Cap Growth ETF comprises 2.8% of Eclectic Associates Inc. ADV’s investment portfolio, making the stock its 10th biggest holding. Eclectic Associates Inc. ADV owned 0.62% of iShares Morningstar Mid-Cap Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the business. NBT Bank N A NY increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 1,965.0% in the 1st quarter. NBT Bank N A NY now owns 1,652 shares of the company’s stock worth $130,000 after buying an additional 1,572 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at about $156,000. Nvest Financial LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter valued at about $203,000. American National Bank & Trust purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $236,000. Finally, Breakwater Capital Group purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the first quarter worth about $208,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IMCG opened at $95.84 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $75.67 and a 1-year high of $100.79. The business’s 50 day moving average is $96.56 and its two-hundred day moving average is $92.82. The stock has a market capitalization of $4.10 billion, a P/E ratio of 28.77 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.