iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Sold by Steele Capital Management Inc.

Steele Capital Management Inc. decreased its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 165,467 shares of the company’s stock after selling 4,141 shares during the quarter. Steele Capital Management Inc. owned about 0.56% of iShares Morningstar Mid-Cap Growth ETF worth $11,695,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Scott Capital Advisors LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 3.1% during the first quarter. Scott Capital Advisors LLC now owns 150,175 shares of the company’s stock valued at $10,503,000 after acquiring an additional 4,493 shares during the period. Founders Financial Securities LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at $816,000. Capital Asset Advisory Services LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 6.4% during the first quarter. Capital Asset Advisory Services LLC now owns 13,510 shares of the company’s stock valued at $938,000 after acquiring an additional 807 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 26.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 76,480 shares of the company’s stock valued at $5,406,000 after acquiring an additional 15,900 shares during the period. Finally, PFS Partners LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 2.5% during the first quarter. PFS Partners LLC now owns 90,133 shares of the company’s stock valued at $6,371,000 after acquiring an additional 2,222 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IMCG traded down $0.56 during midday trading on Monday, reaching $67.19. 112,693 shares of the company traded hands, compared to its average volume of 140,090. iShares Morningstar Mid-Cap Growth ETF has a 52 week low of $53.01 and a 52 week high of $70.85. The stock has a 50-day moving average price of $67.97 and a 200 day moving average price of $67.07. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

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.