iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Bought by Capital Wealth Management LLC

Capital Wealth Management LLC boosted its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.4% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 161,446 shares of the company’s stock after acquiring an additional 5,356 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises about 4.8% of Capital Wealth Management LLC’s portfolio, making the stock its 10th largest position. Capital Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $11,532,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LaFleur & Godfrey LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 5.9% in the 4th quarter. LaFleur & Godfrey LLC now owns 9,525 shares of the company’s stock valued at $719,000 after buying an additional 532 shares during the period. Blue Trust Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at about $82,000. Principal Securities Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 6.0% in the 4th quarter. Principal Securities Inc. now owns 28,451 shares of the company’s stock valued at $2,149,000 after buying an additional 1,604 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 8.1% in the 4th quarter. Strategic Financial Concepts LLC now owns 3,463 shares of the company’s stock valued at $262,000 after buying an additional 260 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 10.6% in the 4th quarter. J.W. Cole Advisors Inc. now owns 10,101 shares of the company’s stock valued at $763,000 after buying an additional 967 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.8%

Shares of IMCG stock opened at $77.33 on Wednesday. The stock has a market cap of $2.67 billion, a PE ratio of 29.56 and a beta of 1.11. The business has a 50-day simple moving average of $74.35 and a 200-day simple moving average of $75.46. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $61.65 and a 52-week high of $81.68.

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.