iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Stake Lowered by First Horizon Advisors Inc.

First Horizon Advisors Inc. trimmed its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 9.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,019 shares of the company’s stock after selling 1,802 shares during the quarter. First Horizon Advisors Inc. owned about 0.06% of iShares Morningstar Mid-Cap Growth ETF worth $1,097,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in IMCG. NBC Securities Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth about $46,000. Woodard & Co. Asset Management Group Inc. ADV increased its position in iShares Morningstar Mid-Cap Growth ETF by 92.9% in the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,565 shares of the company’s stock valued at $147,000 after acquiring an additional 1,235 shares during the period. Private Trust Co. NA raised its stake in iShares Morningstar Mid-Cap Growth ETF by 18.1% during the 4th quarter. Private Trust Co. NA now owns 2,770 shares of the company’s stock valued at $179,000 after acquiring an additional 425 shares in the last quarter. Maripau Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $203,000. Finally, Sage Financial Group Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth $212,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG opened at $67.42 on Friday. The stock’s fifty day moving average is $68.58 and its 200-day moving average is $64.02. iShares Morningstar Mid-Cap Growth ETF has a one year low of $53.01 and a one year high of $70.85. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

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.