Bedel Financial Consulting Inc. Acquires 4,365 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Bedel Financial Consulting Inc. raised its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 5.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 92,209 shares of the company’s stock after buying an additional 4,365 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for about 1.0% of Bedel Financial Consulting Inc.’s investment portfolio, making the stock its 14th largest position. Bedel Financial Consulting Inc.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $7,367,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7,477.8% in the fourth 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 during the last quarter. SRS Capital Advisors Inc. raised its stake in iShares Morningstar Mid-Cap Growth ETF by 102,908.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock valued at $12,293,000 after purchasing an additional 162,596 shares during the last quarter. Private Advisor Group LLC boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 100.9% in the 4th quarter. Private Advisor Group LLC now owns 211,353 shares of the company’s stock valued at $15,964,000 after purchasing an additional 106,145 shares during the period. Tandem Financial LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth $4,955,000. Finally, Bouvel Investment Partners LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth about $4,613,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA IMCG opened at $75.04 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $64.17 and a twelve month high of $81.68. The stock has a market cap of $2.59 billion, a PE ratio of 28.86 and a beta of 1.11. The firm has a 50-day simple moving average of $77.85 and a 200 day simple moving average of $75.71.

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.