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

Capital Wealth Management LLC lowered its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 156,337 shares of the company’s stock after selling 911 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for 5.3% of Capital Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Capital Wealth Management LLC owned 0.53% of iShares Morningstar Mid-Cap Growth ETF worth $11,050,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in IMCG. Axxcess Wealth Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at about $681,000. Key Client Fiduciary Advisors LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 24.8% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 6,400 shares of the company’s stock valued at $366,000 after buying an additional 1,271 shares during the period. KPP Advisory Services LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at approximately $274,000. Maripau Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth approximately $203,000. Finally, Horizon Family Wealth Inc. purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at approximately $1,235,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG traded up $0.28 during trading hours on Thursday, reaching $67.78. The company’s stock had a trading volume of 49,231 shares, compared to its average volume of 139,984. The stock has a market cap of $1.96 billion, a PE ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $70.85. The business’s 50-day moving average is $67.99 and its 200-day moving average is $67.10.

iShares Morningstar Mid-Cap Growth ETF 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.