Kingswood Wealth Advisors LLC Raises Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Kingswood Wealth Advisors LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 199.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,818 shares of the company’s stock after buying an additional 31,824 shares during the period. Kingswood Wealth Advisors LLC owned approximately 0.17% of iShares Morningstar Mid-Cap Growth ETF worth $3,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after purchasing an additional 23,442 shares during the last quarter. Avior Wealth Management LLC increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 1.8% in the 4th quarter. Avior Wealth Management LLC now owns 557,968 shares of the company’s stock worth $42,143,000 after buying an additional 10,058 shares during the period. Cornerstone Planning Group LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 6.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 310,146 shares of the company’s stock worth $22,982,000 after buying an additional 17,527 shares during the last quarter. Rodgers & Associates LTD lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 4.2% during the 3rd quarter. Rodgers & Associates LTD now owns 219,935 shares of the company’s stock valued at $16,049,000 after acquiring an additional 8,895 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 11.9% in the 2nd quarter. Cetera Investment Advisers now owns 209,412 shares of the company’s stock valued at $14,188,000 after acquiring an additional 22,345 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA:IMCG opened at $79.58 on Monday. The company’s fifty day moving average price is $78.21 and its 200-day moving average price is $73.81. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $63.84 and a 1-year high of $81.68. The firm has a market capitalization of $2.30 billion, a P/E ratio of 27.60 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.