iShares Morningstar Mid-Cap Growth ETF (IMCG)

iShares Morningstar Mid-Cap Growth ETF (IMCG) is an exchange-traded fund in the Mid Cap Growth category. It has $4.10B in assets, an expense ratio of 0.06% and a 0.61% dividend yield. The fund seeks to track the investment results of the underlying index, which measures the performance of U.S. stocks issued by mid-capitalization companies that have exhibited above-average “growth” characteristics as determined by Morningstar, Inc. The stocks in the underlying index are designated as “growth” because they are issued by companies that typically have higher than average historical and forecasted earnings, sales, book value and cash flow growth.