Capital Wealth Management LLC Acquires 28,238 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Capital Wealth Management LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 14.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 226,883 shares of the company’s stock after purchasing an additional 28,238 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises 4.8% of Capital Wealth Management LLC’s portfolio, making the stock its 11th largest holding. Capital Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $17,872,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Willner & Heller LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 1.3% during the 4th quarter. Willner & Heller LLC now owns 10,180 shares of the company’s stock worth $813,000 after buying an additional 126 shares in the last quarter. PCA Investment Advisory Services Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 0.6% in the fourth quarter. PCA Investment Advisory Services Inc. now owns 21,085 shares of the company’s stock valued at $1,683,000 after purchasing an additional 132 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 29.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock worth $49,000 after buying an additional 139 shares in the last quarter. Truepoint Inc. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 1.6% in the 4th quarter. Truepoint Inc. now owns 9,680 shares of the company’s stock valued at $773,000 after buying an additional 148 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in iShares Morningstar Mid-Cap Growth ETF by 1.4% in the 4th quarter. Stifel Financial Corp now owns 12,244 shares of the company’s stock valued at $978,000 after buying an additional 164 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.5%

iShares Morningstar Mid-Cap Growth ETF stock opened at $96.00 on Wednesday. The business’s 50-day simple moving average is $91.00 and its 200 day simple moving average is $84.94. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of 28.77 and a beta of 1.14. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $97.89.

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.