UBS Group AG Sells 31,636 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

UBS Group AG cut its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 433,109 shares of the company’s stock after selling 31,636 shares during the period. UBS Group AG’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $34,579,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IMCG. Bank of America Corp DE lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 50.3% during the 3rd quarter. Bank of America Corp DE now owns 452,420 shares of the company’s stock valued at $37,429,000 after acquiring an additional 151,487 shares in the last quarter. Elevation Capital Advisory LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 1,801.8% during the 3rd quarter. Elevation Capital Advisory LLC now owns 93,437 shares of the company’s stock valued at $7,730,000 after acquiring an additional 88,524 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $5,975,000. Vestmark Advisory Solutions Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $5,891,000. Finally, Steinberganna Wealth Management bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $4,796,000.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.4%

Shares of NYSEARCA:IMCG opened at $90.07 on Friday. The stock’s fifty day simple moving average is $83.11 and its two-hundred day simple moving average is $82.17. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $74.17 and a 1-year high of $91.27. The stock has a market cap of $3.57 billion, a PE ratio of 28.77 and a beta of 1.13.

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.