Perissos Private Wealth Management LLC Has $1.36 Million Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Perissos Private Wealth Management LLC lowered its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 17.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,088 shares of the company’s stock after selling 4,166 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up approximately 1.2% of Perissos Private Wealth Management LLC’s investment portfolio, making the stock its 27th largest position. Perissos Private Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,361,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. M&R Capital Management Inc. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 253.0% during the 1st quarter. M&R Capital Management Inc. now owns 406 shares of the company’s stock worth $29,000 after purchasing an additional 291 shares during the last quarter. Concord Wealth Partners bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth $69,000. Sunbelt Securities Inc. lifted its stake in 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 acquiring an additional 824 shares during the last quarter. Beacon Capital Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at about $109,000. Finally, Strategic Financial Concepts LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock worth $148,000 after purchasing an additional 215,237 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG stock opened at $70.79 on Monday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $53.01 and a 52-week high of $71.25. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. The firm’s 50-day moving average is $68.91 and its 200-day moving average is $68.57.

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.