iShares Morningstar Mid-Cap Growth ETF $IMCG is Cornerstone Planning Group LLC’s 6th Largest Position

Cornerstone Planning Group LLC lowered its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 352,307 shares of the company’s stock after selling 8,693 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises 4.6% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 6th biggest position. Cornerstone Planning Group LLC owned about 0.91% of iShares Morningstar Mid-Cap Growth ETF worth $29,414,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Capital Wealth Management LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 12.2% during the fourth quarter. Capital Wealth Management LLC now owns 198,645 shares of the company’s stock worth $15,860,000 after purchasing an additional 21,578 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 9.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 79,594 shares of the company’s stock worth $6,355,000 after purchasing an additional 6,555 shares in the last quarter. Cosner Financial Group LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 0.7% during the fourth quarter. Cosner Financial Group LLC now owns 270,444 shares of the company’s stock worth $21,592,000 after purchasing an additional 1,864 shares in the last quarter. Sigma Planning Corp increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 1.9% during the fourth quarter. Sigma Planning Corp now owns 127,905 shares of the company’s stock worth $10,212,000 after purchasing an additional 2,373 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth about $29,000.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.4%

IMCG stock opened at $88.33 on Friday. The stock has a market capitalization of $3.50 billion, a P/E ratio of 28.77 and a beta of 1.14. The firm has a 50-day simple moving average of $82.70 and a 200-day simple moving average of $82.00. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $72.56 and a 52 week high of $88.65.

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.