iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Sold by Capital Wealth Management LLC

Capital Wealth Management LLC decreased its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 156,555 shares of the company’s stock after selling 543 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises 4.9% of Capital Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Capital Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $11,424,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IMCG. &PARTNERS purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $470,000. Ignite Planners LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 8.4% during the first quarter. Ignite Planners LLC now owns 28,350 shares of the company’s stock worth $1,989,000 after purchasing an additional 2,203 shares in the last quarter. Evanson Asset Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $212,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $427,000. Finally, Sunbelt Securities Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 300.7% during the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock worth $78,000 after purchasing an additional 824 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG stock traded up $0.37 on Friday, reaching $74.99. 68,813 shares of the company were exchanged, compared to its average volume of 127,818. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $53.01 and a 1 year high of $75.05. The business has a 50-day moving average price of $71.30 and a 200 day moving average price of $69.16.

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.