Pinnacle Bancorp Inc. Acquires Shares of 2,255 iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Pinnacle Bancorp Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,255 shares of the company’s stock, valued at approximately $170,000.

Other hedge funds have also modified their holdings of the company. Mayfair Advisory Group LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 2.5% during the third quarter. Mayfair Advisory Group LLC now owns 5,806 shares of the company’s stock worth $423,000 after buying an additional 144 shares during the last quarter. Carnegie Investment Counsel increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.3% in the 3rd quarter. Carnegie Investment Counsel now owns 14,329 shares of the company’s stock worth $1,046,000 after acquiring an additional 178 shares during the last quarter. Willner & Heller LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.0% during the 3rd quarter. Willner & Heller LLC now owns 9,576 shares of the company’s stock worth $699,000 after acquiring an additional 187 shares during the period. First Horizon Advisors Inc. boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 1.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 12,258 shares of the company’s stock valued at $894,000 after acquiring an additional 232 shares during the last quarter. Finally, Means Investment CO. Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 7.1% in the third quarter. Means Investment CO. Inc. now owns 4,599 shares of the company’s stock valued at $336,000 after purchasing an additional 304 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.9 %

iShares Morningstar Mid-Cap Growth ETF stock opened at $77.76 on Friday. The company has a 50-day moving average price of $78.05 and a 200 day moving average price of $73.22. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $62.24 and a 12-month high of $81.68. The stock has a market cap of $2.25 billion, a P/E ratio of 27.60 and a beta of 1.13.

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.