Certified Advisory Corp Reduces Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Certified Advisory Corp cut its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,101 shares of the company’s stock after selling 1,308 shares during the quarter. Certified Advisory Corp owned about 0.21% of iShares Morningstar Mid-Cap Growth ETF worth $4,140,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. M&R Capital Management Inc. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 253.0% in the 1st quarter. M&R Capital Management Inc. now owns 406 shares of the company’s stock valued at $29,000 after acquiring an additional 291 shares during the period. Concord Wealth Partners purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the first quarter valued at $69,000. Sunbelt Securities Inc. increased its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 300.7% in the 1st 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 acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the first quarter worth approximately $109,000. Finally, Opal Wealth Advisors LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter worth $174,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

iShares Morningstar Mid-Cap Growth ETF stock opened at $72.12 on Monday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $72.66. The stock has a 50-day simple moving average of $69.25 and a 200-day simple moving average of $68.66. The company has a market capitalization of $2.08 billion, a P/E 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.