Sanctuary Advisors LLC Acquires New Shares in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

On December 23, 2024, it was reported that Sanctuary Advisors LLC has purchased a new stake in the iShares Morningstar Mid-Cap Growth ETF, designated as NYSEARCA:IMCG. This acquisition occurred during the third quarter and involved 10,733 shares, which amounted to a valuation of around $857,000.

In addition to Sanctuary Advisors LLC, several other significant investors have also made modifications to their holdings in the iShares Morningstar Mid-Cap Growth ETF. Cambridge Investment Research Advisors Inc. increased its investment in the ETF by 4.4% during the second quarter, leading to a total of 132,118 shares valued at approximately $8,951,000 after acquiring an additional 5,510 shares in the last quarter. Meanwhile, Atomi Financial Group Inc. boosted its holdings by 24.4%, resulting in ownership of 5,957 shares worth $404,000 following the acquisition of 1,168 shares. Another investment firm, Harbour Investments Inc., also raised its stake in the ETF by 16.5%, owning now 7,395 shares valued at $501,000 after acquiring 1,045 shares last quarter. Breakwater Capital Group also entered the fray, acquiring a new position valued at $202,000 during the second quarter. Lastly, Ridgewood Investments LLC enhanced its position in the iShares Morningstar Mid-Cap Growth ETF by 13.5%, amassing 9,671 shares worth $655,000 following an additional purchase of 1,147 shares.

Performance of iShares Morningstar Mid-Cap Growth ETF

As of Monday, the iShares Morningstar Mid-Cap Growth ETF was trading at $76.88, reflecting a 1.6% increase. The ETF has a market capitalization of approximately $2.22 billion, a price-to-earnings ratio of 27.60, and a beta of 1.13. Over the past year, the ETF has recorded a low of $62.17 and a high of $81.68. Its 50-day moving average stands at $77.23, while the two-hundred day moving average is at $72.15.

About iShares Morningstar Mid-Cap Growth ETF

The iShares Morningstar Mid-Cap Growth ETF (IMCG) is an exchange-traded fund that seeks to track the performance of the Morningstar US Mid Cap Broad Growth index. This fund focuses on U.S. mid-cap stocks which are selected according to specific growth characteristics, and it was launched on June 28, 2004, with management by BlackRock.

Sanctuary, Advisors, iShares