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BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares

CMGIX · NASDAQ

Market closed$38.70$-0.470000 (-1.20%)

Key statistics

Previous close$39.17
Open$38.70
Day high$38.70
Day low$38.70
52-week high$45.00
52-week low$33.01
Market cap5.55B
Volume—
Average volume—
P/E ratio41.94
Forward P/E—
EPS0.92
Dividend yield0.00%

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026BlackRock Mid-Cap Growth Equity Portfolio Institutional shares are trading essentially unchanged as parent company BlackRock posted record Q2 results, topping earnings and revenue estimates with a +9.79% earnings surprise. The strong performance comes amid a broadly constructive backdrop for asset managers — BNY, Goldman Sachs, and Morgan Stanley all reported blockbuster quarters driven by surging trading revenue, record M&A activity, and rising AUM fees — though financial sector sentiment is being tempered today by tech-driven market weakness, renewed U.S.-Iran tensions, and concerns over AI disruption weighing on growth equities.
July 15, 2026BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares is trading essentially flat as parent company BlackRock beat Q2 2026 earnings forecasts, with EPS of $13.91 topping the $12.57 Wall Street estimate. The broader financial sector is buoyed by a blowout bank earnings season — Goldman Sachs, JPMorgan, Morgan Stanley, and Bank of America all exceeded expectations on surging trading and investment banking revenues — while a cooler-than-expected June CPI report and constructive Fed commentary are providing a supportive macro backdrop near S&P 500 record highs.

-0.1745

July 2, 2026BlackRock Mid-Cap Growth Equity Portfolio edged lower in pre-market trading, reflecting cautious investor sentiment ahead of the June U.S. nonfarm payrolls report and broader weakness in growth equities. The fund, which posted a -4.57% return in Q1 2026, faces a challenging macro backdrop marked by rising rate-hike expectations under Fed Chair Kevin Warsh, a chip stock selloff triggered by Meta's AI cloud expansion plans, and asset management sector peers broadly down following Q1 earnings misses.

-0.7201

July 1, 2026BlackRock Mid-Cap Growth Equity Portfolio Institutional shares are trading higher in pre-market, advancing off a Q1 2026 that saw the fund decline -4.57% amid tech sector volatility and Middle East-driven market uncertainty. The fund's growth-oriented mid-cap holdings stand to benefit from the broader market's resilience — the S&P 500 closed Q2 near its best quarterly performance in years — with AI optimism and a tech rebound supporting growth equities as investors await the June jobs report and Fed Chair Warsh's speech for rate signals.

1.908

June 25, 2026BlackRock Mid-Cap Growth Equity Portfolio Institutional shares edged higher in pre-market trading, tracking a broader market rebound as investors respond to blowout earnings from Micron Technology and raised guidance from Qualcomm, which lifted semiconductor and growth-oriented sentiment. The Financial Select Sector ETF (XLF) also ticked modestly higher in pre-market, supported by the Federal Reserve's annual stress test results released June 24 showing resilience across major banks, a positive backdrop for asset managers like BlackRock. The mid-cap growth fund's modest gain comes after a turbulent stretch marked by a global AI-driven tech selloff on June 23-24 that pressured growth equity valuations broadly.

0.5296

Peers

S&P 500SPX · $7,457.69-1.01%Brown Advisory Sustainable Growth Fd Adv ShsBAWAX · $44.36-1.58%BlackRock Science and Technology Opportunities Portf Investor ABGSAX · $86.21-1.29%Brown Advisory Sustainable Growth Fd Inv ShsBIAWX · $46.54-1.59%BlackRock Mid-Cap Growth Equity PortfolioBMGAX · $31.43-1.19%BlackRock Mid-Cap Growth Equity Portfolio Investor C SharesBMGCX · $20.80-1.19%BlackRock Mid-Cap Growth Equity KBMGKX · $39.03-1.19%ClearBridge International Growth ILMGNX · $75.11-0.92%Mutual Shares Corporation Cl Z (Series of Franklin Mutual Ser Fd Inc.)MUTHX · $27.87-0.54%T. Rowe Price Intl Bd (USD Hdgd) ITNBMX · $8.48+0.12%