Capital Wealth Management LLC Buys 16,157 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Capital Wealth Management LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 259,662 shares of the company’s stock after purchasing an additional 16,157 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for 5.7% of Capital Wealth Management LLC’s portfolio, making the stock its 7th largest position. Capital Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $24,380,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCG. Baer Investment Advisory LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $34,027,000. First Pacific Financial acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at approximately $26,608,000. Eclectic Associates Inc. ADV bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth approximately $25,054,000. Avior Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth approximately $24,545,000. Finally, Beam Wealth Advisors Inc. boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 530.1% during the first quarter. Beam Wealth Advisors Inc. now owns 260,379 shares of the company’s stock worth $20,510,000 after buying an additional 219,053 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.1%

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $95.13 on Thursday. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $100.79. The firm has a market capitalization of $4.10 billion, a PE ratio of 28.77 and a beta of 1.13. The stock’s fifty day moving average is $95.52 and its 200-day moving average is $90.42.

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.