Private Advisor Group LLC Has $5.68 Million Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

Private Advisor Group LLC cut its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 44.3% in the first quarter, according to 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’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $5,679,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IMCG. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at approximately $29,000. Dagco Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $30,000. Windsor Advisory Group LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth approximately $31,000. Finally, Richards Merrill & Peterson Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $41,000.

iShares Morningstar Mid-Cap Growth ETF Trading Down 1.1%

NYSEARCA:IMCG traded down $1.11 during trading hours on Tuesday, hitting $96.88. 8,729 shares of the stock traded hands, compared to its average volume of 122,084. The firm has a 50 day moving average price of $92.96 and a 200 day moving average price of $85.97. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $75.67 and a fifty-two week high of $98.83. The firm has a market cap of $3.95 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12.

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.