iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Short Interest Down 58.9% in December
by Doug Wharley · The Cerbat GemiShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Get Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 21,982 shares, a decline of 58.9% from the November 30th total of 53,524 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 103,152 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 103,152 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.
Institutional Trading of iShares Morningstar Mid-Cap Growth ETF
A number of institutional investors have recently bought and sold shares of IMCG. Financial Consulate Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at approximately $25,000. Quaker Wealth Management LLC increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 200.3% during the second quarter. Quaker Wealth Management LLC now owns 336 shares of the company’s stock worth $27,000 after buying an additional 671 shares in the last quarter. Windsor Advisory Group LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at $31,000. Fifth Third Bancorp acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $37,000. Finally, Russell Investments Group Ltd. boosted its holdings 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 valued at $49,000 after acquiring an additional 139 shares in the last quarter.
iShares Morningstar Mid-Cap Growth ETF Trading Up 0.0%
IMCG stock traded up $0.01 during trading hours on Friday, hitting $81.34. 94,910 shares of the stock were exchanged, compared to its average volume of 149,325. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $61.65 and a 12 month high of $83.76. The firm has a market capitalization of $3.11 billion, a P/E ratio of 28.77 and a beta of 1.12. The company has a 50-day simple moving average of $81.00 and a two-hundred day simple moving average of $81.12.
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.