DDFG Inc Increases Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

DDFG Inc increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 53.8% during the first quarter, Holdings Channel.com reports. The firm owned 77,581 shares of the company’s stock after buying an additional 27,125 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up 1.3% of DDFG Inc’s holdings, making the stock its 22nd biggest holding. DDFG Inc’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $6,111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 256.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock worth $229,403,000 after buying an additional 2,068,305 shares during the period. LPL Financial LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock valued at $195,474,000 after acquiring an additional 160,038 shares during the period. Morgan Stanley increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 10.0% in the 4th quarter. Morgan Stanley now owns 1,149,360 shares of the company’s stock valued at $91,765,000 after acquiring an additional 104,588 shares during the period. Raymond James Financial Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 3.1% in the 3rd quarter. Raymond James Financial Inc. now owns 1,003,177 shares of the company’s stock valued at $82,993,000 after acquiring an additional 30,585 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 7.6% in the 4th quarter. Cetera Investment Advisers now owns 916,927 shares of the company’s stock worth $73,208,000 after acquiring an additional 64,943 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG opened at $96.40 on Monday. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 28.77 and a beta of 1.14. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $75.67 and a 12 month high of $98.02. The stock has a fifty day moving average price of $91.69 and a 200-day moving average price of $85.27.

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.