Montis Financial LLC Purchases Shares of 4,896 iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Montis Financial LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,896 shares of the company’s stock, valued at approximately $370,000.

A number of other institutional investors have also recently added to or reduced their stakes in IMCG. Raymond James Financial Inc. purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at about $68,262,000. Strategic Financial Concepts LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock valued at $18,332,000 after acquiring an additional 239,515 shares during the period. SRS Capital Advisors Inc. grew its position in iShares Morningstar Mid-Cap Growth ETF by 102,908.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock valued at $12,293,000 after acquiring an additional 162,596 shares during the period. Commonwealth Equity Services LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 29.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 609,856 shares of the company’s stock valued at $46,062,000 after acquiring an additional 140,171 shares during the period. Finally, Private Advisor Group LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 100.9% during the fourth quarter. Private Advisor Group LLC now owns 211,353 shares of the company’s stock valued at $15,964,000 after acquiring an additional 106,145 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 2.5 %

IMCG stock opened at $71.45 on Friday. The stock has a 50-day moving average price of $77.11 and a two-hundred day moving average price of $75.77. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $64.17 and a 12-month high of $81.68. The company has a market cap of $2.43 billion, a PE ratio of 26.48 and a beta of 1.13.

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.