Denver Wealth Management Inc. Acquires 5,390 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Denver Wealth Management Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 11.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,081 shares of the company’s stock after buying an additional 5,390 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up approximately 1.5% of Denver Wealth Management Inc.’s investment portfolio, making the stock its 12th largest position. Denver Wealth Management Inc. owned 0.14% of iShares Morningstar Mid-Cap Growth ETF worth $4,238,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IMCG. Eagle Strategies LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 8.5% during the fourth quarter. Eagle Strategies LLC now owns 150,387 shares of the company’s stock worth $12,007,000 after acquiring an additional 11,806 shares during the last quarter. Marino Stram & Associates LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 11.3% during the fourth quarter. Marino Stram & Associates LLC now owns 63,437 shares of the company’s stock worth $5,065,000 after acquiring an additional 6,435 shares during the last quarter. Leo Wealth LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $2,863,000. PFG Advisors bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth about $3,182,000. Finally, Summit Wealth Group LLC Co. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $2,556,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $94.57 on Friday. The business has a 50 day simple moving average of $88.91 and a 200 day simple moving average of $84.12. iShares Morningstar Mid-Cap Growth ETF has a one year low of $75.67 and a one year high of $96.49. The stock has a market capitalization of $3.74 billion, a P/E ratio of 28.77 and a beta of 1.14.

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.