iShares Morningstar Mid-Cap Growth ETF $IMCG Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel trimmed its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,083 shares of the company’s stock after selling 128 shares during the period. Carnegie Investment Counsel’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,210,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 69.1% in the 1st quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock worth $143,666,000 after buying an additional 821,692 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 31.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after buying an additional 434,630 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 4.3% in the 1st quarter. Raymond James Financial Inc. now owns 942,937 shares of the company’s stock worth $67,354,000 after buying an additional 39,160 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 13.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 726,769 shares of the company’s stock worth $51,913,000 after purchasing an additional 88,738 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 3.6% in the 2nd quarter. Avior Wealth Management LLC now owns 635,237 shares of the company’s stock worth $50,965,000 after purchasing an additional 22,204 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG opened at $83.08 on Friday. The company’s 50 day simple moving average is $82.18 and its two-hundred day simple moving average is $78.90. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $61.65 and a 1-year high of $83.66. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 28.77 and a beta of 1.08.

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.