BankPlus Trust Department Invests $132,000 in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

BankPlus Trust Department acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 1,752 shares of the company’s stock, valued at approximately $132,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IMCG. Raymond James & Associates boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 12.3% during the third quarter. Raymond James & Associates now owns 134,148 shares of the company’s stock worth $9,789,000 after buying an additional 14,704 shares during the period. Foundations Investment Advisors LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth approximately $207,000. Ellis Investment Partners LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth approximately $202,000. Concord Wealth Partners acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth approximately $75,000. Finally, Hunter Associates Investment Management LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 4.0% in the third quarter. Hunter Associates Investment Management LLC now owns 24,311 shares of the company’s stock worth $1,778,000 after purchasing an additional 930 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG opened at $76.39 on Tuesday. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 28.86 and a beta of 1.11. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $64.17 and a 1-year high of $81.68. The business has a 50 day moving average price of $77.94 and a two-hundred day moving average price of $75.43.

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.