iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) is Capital Wealth Management LLC’s 9th Largest Position

Capital Wealth Management LLC reduced its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 156,090 shares of the company’s stock after selling 465 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for 5.1% of Capital Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Capital Wealth Management LLC owned 0.54% of iShares Morningstar Mid-Cap Growth ETF worth $11,789,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Rosenberg Matthew Hamilton purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at about $34,000. Concord Wealth Partners bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at approximately $75,000. M&R Capital Management Inc. increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 119.3% in the third quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after buying an additional 594 shares during the last quarter. Pinnacle Bancorp Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at approximately $170,000. Finally, Ellis Investment Partners LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $202,000.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.7 %

IMCG stock opened at $78.30 on Monday. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The firm has a 50 day moving average of $78.07 and a two-hundred day moving average of $73.41. iShares Morningstar Mid-Cap Growth ETF has a 12 month low of $62.58 and a 12 month high of $81.68.

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.