iShares Morningstar Mid-Cap Growth ETF (IMCG)
- Previous Close
72.58 - Open
72.72 - Bid --
- Ask --
- Day's Range
72.45 - 72.75 - 52 Week Range
53.01 - 72.75 - Volume
94,475 - Avg. Volume
100,704 - Net Assets 2.08B
- NAV 72.53
- PE Ratio (TTM) 30.22
- Yield 0.80%
- YTD Daily Total Return 13.01%
- Beta (5Y Monthly) 1.11
- Expense Ratio (net) 0.06%
The fund will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The underlying index measures the performance of U.S. stocks issued by mid-capitalization companies that have exhibited above-average "growth" characteristics as determined by Morningstar, Inc.'s proprietary index methodology.
iShares
Fund Family
Mid-Cap Growth
Fund Category
2.08B
Net Assets
2004-06-28
Inception Date
Performance Overview: IMCG
View MoreTrailing returns as of 9/23/2024. Category is Mid-Cap Growth.
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Holdings: IMCG
View MoreTop 10 Holdings (9.84% of Total Assets)
Sector Weightings
Related ETF News
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Research Reports: IMCG
View MoreUS-Based Asset Managers: Market Values for Asset Managers Already Pricing In an Easing Rate Cycle
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetTiming and Magnitude of Rate Cuts Will Influence Federated Hermes' Near-Term Results
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $782.7 billion in managed assets at the end of June 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (75%) funds. The firm's cash-management operations are expected to generate around 50% of Federated's revenue this year, compared with 28%, 12%, and 10%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (64% of AUM), institutional investors (27%), and international clients (9%).
RatingPrice TargetMoney-market assets rise in 1Q but equity outflows continue
Federated Hermes, based in Pittsburgh, is an asset management holding company with about $779 billion in AUM as of March 31, 2024. It offers equity, fixed-income and money-market funds. The company's clients include high-net-worth individuals, registered investment advisors, pension funds, charities, and government organizations. Federated Hermes takes a relatively conservative, long-term approach to investing.
RatingPrice TargetFederated Hermes Earnings: Solid Near-Term Results Belie a More Difficult 2024-25 for the Firm
ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).
RatingPrice Target