Ausdal Financial Partners Inc. Acquires 1,303 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Ausdal Financial Partners Inc. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,919 shares of the company’s stock after buying an additional 1,303 shares during the quarter. Ausdal Financial Partners Inc. owned about 0.06% of iShares Morningstar Mid-Cap Growth ETF worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IMCG. Kohmann Bosshard Financial Services LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $27,000. Rosenberg Matthew Hamilton purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at about $34,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $38,000. Synergy Investment Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth about $74,000. Finally, Blue Trust Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at approximately $82,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA:IMCG opened at $73.28 on Thursday. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 26.48 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $64.17 and a 1 year high of $81.68. The stock’s 50 day simple moving average is $76.57 and its two-hundred day simple moving average is $75.97.

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.