iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Sets New 1-Year High – Time to Buy?

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) reached a new 52-week high on Thursday . The company traded as high as $98.01 and last traded at $97.92, with a volume of 15258 shares changing hands. The stock had previously closed at $96.41.

iShares Morningstar Mid-Cap Growth ETF Trading Down 0.8%

The stock has a fifty day moving average price of $91.69 and a 200-day moving average price of $85.24. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 28.77 and a beta of 1.14.

Institutional Trading of iShares Morningstar Mid-Cap Growth ETF

A number of large investors have recently bought and sold shares of IMCG. Willner & Heller LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 1.3% during the fourth quarter. Willner & Heller LLC now owns 10,180 shares of the company’s stock valued at $813,000 after acquiring an additional 126 shares during the period. PCA Investment Advisory Services Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 0.6% in the 4th quarter. PCA Investment Advisory Services Inc. now owns 21,085 shares of the company’s stock worth $1,683,000 after purchasing an additional 132 shares during the last quarter. Unified Investment Management increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 3.3% during the 1st quarter. Unified Investment Management now owns 4,285 shares of the company’s stock worth $338,000 after purchasing an additional 135 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 29.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock worth $49,000 after purchasing an additional 139 shares in the last quarter. Finally, Truepoint Inc. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 1.6% during the 4th quarter. Truepoint Inc. now owns 9,680 shares of the company’s stock worth $773,000 after purchasing an additional 148 shares in the last quarter.

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.