iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Short Interest Update

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) was the target of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 87,259 shares, a drop of 29.1% from the February 12th total of 123,092 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 92,695 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily trading volume, of 92,695 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of iShares Morningstar Mid-Cap Growth ETF

Several institutional investors have recently modified their holdings of the business. World Investment Advisors acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $713,000. Monetary Solutions Ltd acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth approximately $322,000. Axxcess Wealth Management LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 17,996 shares of the company’s stock worth $1,437,000 after acquiring an additional 578 shares during the period. NewEdge Advisors LLC boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 0.6% in the fourth quarter. NewEdge Advisors LLC now owns 66,430 shares of the company’s stock valued at $5,304,000 after acquiring an additional 414 shares during the last quarter. Finally, Evolve Private Wealth LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $558,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.0%

IMCG traded down $0.02 during trading on Friday, reaching $79.40. 96,995 shares of the company’s stock were exchanged, compared to its average volume of 133,079. iShares Morningstar Mid-Cap Growth ETF has a one year low of $61.65 and a one year high of $84.76. The stock has a market capitalization of $3.09 billion, a PE ratio of 28.77 and a beta of 1.12. The firm has a fifty day moving average price of $82.65 and a two-hundred day moving average price of $81.90.

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.