Essential Planning LLC. Takes Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Essential Planning LLC. bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 37,830 shares of the company’s stock, valued at approximately $2,892,000.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $68,262,000. Avior Wealth Management LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 1.8% in the 4th quarter. Avior Wealth Management LLC now owns 557,968 shares of the company’s stock worth $42,143,000 after purchasing an additional 10,058 shares during the period. Cornerstone Planning Group LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 0.3% in the 4th quarter. Cornerstone Planning Group LLC now owns 311,080 shares of the company’s stock worth $24,457,000 after purchasing an additional 934 shares during the period. Cosner Financial Group LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 3.9% in the 4th quarter. Cosner Financial Group LLC now owns 253,572 shares of the company’s stock worth $19,152,000 after acquiring an additional 9,607 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 7,477.8% in 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 in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of IMCG stock opened at $71.22 on Thursday. The company has a market capitalization of $2.46 billion, a P/E ratio of 28.86 and a beta of 1.11. The company’s 50-day simple moving average is $77.32 and its two-hundred day simple moving average is $75.80. iShares Morningstar Mid-Cap Growth ETF has a one year low of $64.17 and a one year high of $81.68.

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.