Jim Saulnier & Associates LLC trimmed its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 52.9% in the second quarter, HoldingsChannel.com reports. The fund owned 8,398 shares of the company’s stock after selling 9,418 shares during the quarter. Jim Saulnier & Associates LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $826,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC raised its position in iShares Morningstar Mid-Cap Growth ETF by 39.4% in the first quarter. NewEdge Advisors LLC now owns 92,615 shares of the company’s stock valued at $7,295,000 after purchasing an additional 26,185 shares during the last quarter. Faithward Advisors LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 63.2% in the first quarter. Faithward Advisors LLC now owns 22,310 shares of the company’s stock valued at $1,757,000 after purchasing an additional 8,639 shares in the last quarter. Certified Advisory Corp boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 22.8% in the first quarter. Certified Advisory Corp now owns 97,866 shares of the company’s stock worth $7,709,000 after acquiring an additional 18,194 shares in the last quarter. Summit Wealth Group LLC Co. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $2,556,000. Finally, World Investment Advisors purchased a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at $713,000.
iShares Morningstar Mid-Cap Growth ETF Price Performance
NYSEARCA IMCG opened at $96.45 on Friday. The company has a fifty day moving average price of $97.17 and a 200-day moving average price of $90.58. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 28.77 and a beta of 1.12. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $75.67 and a 1 year high of $100.79.
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.
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