iShares Morningstar Mid-Cap Growth ETF $IMCG Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC cut its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 44.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,096 shares of the company’s stock after selling 57,274 shares during the quarter. Private Advisor Group LLC owned about 0.18% of iShares Morningstar Mid-Cap Growth ETF worth $5,679,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IMCG. Godfrey Financial Associates Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth approximately $29,000. Dagco Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth approximately $30,000. Windsor Advisory Group LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth approximately $31,000. Finally, Richards Merrill & Peterson Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth approximately $41,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IMCG traded down $1.11 during trading on Tuesday, hitting $96.88. The company had a trading volume of 8,729 shares, compared to its average volume of 122,084. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $75.67 and a 52 week high of $98.83. The business’s 50-day moving average is $92.96 and its 200 day moving average is $85.97. The company has a market cap of $3.95 billion, a P/E ratio of 28.77 and a beta of 1.12.

About iShares Morningstar Mid-Cap Growth ETF

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.