AE Wealth Management LLC Has $115,000 Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

AE Wealth Management LLC trimmed its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 92.3% in the third quarter, Holdings Channel reports. The fund owned 1,396 shares of the company’s stock after selling 16,770 shares during the period. AE Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $115,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IMCG. Truist Financial Corp increased its stake in iShares Morningstar Mid-Cap Growth ETF by 5.5% during the 3rd quarter. Truist Financial Corp now owns 102,395 shares of the company’s stock worth $8,471,000 after purchasing an additional 5,313 shares in the last quarter. Marino Stram & Associates LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 16.3% in the third quarter. Marino Stram & Associates LLC now owns 57,002 shares of the company’s stock valued at $4,716,000 after buying an additional 7,982 shares during the period. Tandem Financial LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 5.7% in the third quarter. Tandem Financial LLC now owns 94,217 shares of the company’s stock valued at $7,795,000 after buying an additional 5,048 shares during the period. Chilton Capital Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter worth $307,000. Finally, Liberty Wealth Management LLC raised its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% during the third quarter. Liberty Wealth Management LLC now owns 4,955 shares of the company’s stock worth $410,000 after acquiring an additional 220 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Up 3.1%

Shares of IMCG opened at $82.75 on Monday. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $61.65 and a twelve month high of $83.91. The company has a 50 day moving average of $81.73 and a 200-day moving average of $81.66. The stock has a market capitalization of $3.22 billion, a P/E ratio of 28.77 and a beta of 1.12.

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.