Buck Wealth Strategies LLC Reduces Stock Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG
by Doug Wharley · The Cerbat GemBuck Wealth Strategies LLC trimmed its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 50.1% in the 4th quarter, HoldingsChannel reports. The firm owned 9,286 shares of the company’s stock after selling 9,315 shares during the quarter. Buck Wealth Strategies LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $741,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of IMCG. Kohmann Bosshard Financial Services LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $29,000. Dagco Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at about $30,000. Windsor Advisory Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth about $31,000. Fifth Third Bancorp acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth about $37,000. Finally, Richards Merrill & Peterson Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $41,000.
iShares Morningstar Mid-Cap Growth ETF Price Performance
NYSEARCA IMCG opened at $90.07 on Friday. The company has a market cap of $3.57 billion, a PE ratio of 28.77 and a beta of 1.13. The stock’s 50 day simple moving average is $83.11 and its 200-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.
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.
Further Reading
Want to see what other hedge funds are holding IMCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report).