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

Orgel Wealth Management LLC decreased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 322,941 shares of the company’s stock after selling 13,668 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises about 0.6% of Orgel Wealth Management LLC’s portfolio, making the stock its 26th biggest holding. Orgel Wealth Management LLC owned approximately 1.12% of iShares Morningstar Mid-Cap Growth ETF worth $23,565,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IMCG. Concord Wealth Partners purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $69,000. Sunbelt Securities Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 300.7% in the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock valued at $78,000 after purchasing an additional 824 shares during the last quarter. M&R Capital Management Inc. lifted its position in iShares Morningstar Mid-Cap Growth ETF by 119.3% during 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 in the last quarter. Beacon Capital Management LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $109,000. Finally, Strategic Financial Concepts LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 6,375.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock valued at $148,000 after buying an additional 215,237 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.5 %

NYSEARCA IMCG opened at $74.99 on Friday. The business’s fifty day simple moving average is $71.30 and its 200-day simple moving average is $69.16. The firm has a market cap of $2.17 billion, a PE ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $53.01 and a 52 week high of $75.05.

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.