iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Hits New 1-Year High at $70.66

iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCGGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $70.66 and last traded at $70.58, with a volume of 20916 shares changing hands. The stock had previously closed at $69.75.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.7 %

The stock has a 50 day simple moving average of $66.61 and a 200 day simple moving average of $61.79. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 22.81 and a beta of 1.08.

Institutional Trading of iShares Morningstar Mid-Cap Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IMCG. Tower Research Capital LLC TRC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter worth approximately $27,000. FNY Investment Advisers LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth approximately $28,000. Sheets Smith Wealth Management purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $34,000. NBC Securities Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $46,000. Finally, Qube Research & Technologies Ltd purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $47,000.

About iShares Morningstar Mid-Cap Growth ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares Morningstar Mid-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Mid-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.