Scott Capital Advisors LLC Has $9.20 Million Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Scott Capital Advisors LLC lowered its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 121,935 shares of the company’s stock after selling 302 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises approximately 2.6% of Scott Capital Advisors LLC’s holdings, making the stock its 12th largest holding. Scott Capital Advisors LLC owned 0.42% of iShares Morningstar Mid-Cap Growth ETF worth $9,200,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IMCG. Northwestern Mutual Wealth Management Co. increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 3.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after purchasing an additional 23,442 shares in the last quarter. Avior Wealth Management LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.7% in the 3rd quarter. Avior Wealth Management LLC now owns 547,910 shares of the company’s stock valued at $39,969,000 after acquiring an additional 24,367 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 6.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 310,146 shares of the company’s stock valued at $22,982,000 after acquiring an additional 17,527 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 20.4% during the second quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock worth $15,015,000 after purchasing an additional 37,486 shares during the period. Finally, Rodgers & Associates LTD lifted its position in iShares Morningstar Mid-Cap Growth ETF by 4.2% during the third quarter. Rodgers & Associates LTD now owns 219,935 shares of the company’s stock worth $16,049,000 after acquiring an additional 8,895 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.7 %

NYSEARCA IMCG opened at $78.30 on Monday. The company has a 50 day moving average of $78.07 and a 200-day moving average of $73.41. The company has a market cap of $2.26 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $62.58 and a 1-year high of $81.68.

iShares Morningstar Mid-Cap Growth ETF 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.