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Allegheny Financial Group increased its holdings in shares of Virtus KAR Mid-Cap ETF (NYSEARCA:KMID) by 125.8% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 158,500 shares of the company's stock after buying an additional 88,317 shares

The Virtus KAR Mid-Cap ETF has a high conviction portfolio of 27 mid-cap stocks focused on quality and low volatility. KMID is overweight in the industrial sector and has growth characteristics. KMID has outperformed its benchmark with lower volatility, in line with its objective.
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