Carnegie Investment Counsel Has $1.09 Million Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Carnegie Investment Counsel grew its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 14,479 shares of the company’s stock after buying an additional 150 shares during the quarter. Carnegie Investment Counsel’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,094,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 3.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after buying an additional 23,442 shares during the period. Avior Wealth Management LLC boosted its position in iShares Morningstar Mid-Cap Growth ETF by 4.7% during the 3rd quarter. Avior Wealth Management LLC now owns 547,910 shares of the company’s stock worth $39,969,000 after buying an additional 24,367 shares during the period. Cornerstone Planning Group LLC boosted 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 period. Envestnet Asset Management Inc. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 20.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock worth $15,015,000 after buying an additional 37,486 shares during the period. Finally, Rodgers & Associates LTD boosted its position 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 worth $16,049,000 after buying an additional 8,895 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA:IMCG opened at $78.30 on Friday. The firm’s 50 day simple moving average is $78.07 and its 200 day simple moving average is $73.37. iShares Morningstar Mid-Cap Growth ETF has a one year low of $62.58 and a one year high of $81.68. The company has a market cap of $2.26 billion, a PE ratio of 27.60 and a beta of 1.13.

iShares Morningstar Mid-Cap Growth ETF 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.