iShares Morningstar Mid-Cap Growth ETF $IMCG Shares Sold by Scott Capital Advisors LLC

by · The Markets Daily

Scott Capital Advisors LLC lessened its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCGFree Report) by 8.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 110,139 shares of the company’s stock after selling 10,127 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for approximately 2.1% of Scott Capital Advisors LLC’s portfolio, making the stock its 13th biggest position. Scott Capital Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $9,191,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCG. Raymond James Financial Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.1% in the 2nd quarter. Raymond James Financial Inc. now owns 972,592 shares of the company’s stock valued at $78,031,000 after purchasing an additional 29,655 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 7.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 781,778 shares of the company’s stock valued at $62,722,000 after acquiring an additional 55,009 shares during the last quarter. Avior Wealth Management LLC grew its position in iShares Morningstar Mid-Cap Growth ETF by 3.6% in the second quarter. Avior Wealth Management LLC now owns 635,237 shares of the company’s stock worth $50,965,000 after acquiring an additional 22,204 shares during the period. Royal Bank of Canada grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 6.7% during the 1st quarter. Royal Bank of Canada now owns 468,698 shares of the company’s stock worth $33,479,000 after purchasing an additional 29,371 shares during the period. Finally, Rockport Wealth LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter worth about $32,494,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $81.33 on Friday. The stock has a market capitalization of $3.11 billion, a P/E ratio of 28.77 and a beta of 1.12. The firm’s 50-day moving average is $81.01 and its two-hundred day moving average is $81.08. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $61.65 and a 12 month high of $83.76.

iShares Morningstar Mid-Cap Growth ETF Profile

(Free Report)

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.

See Also

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:IMCGFree Report).