iShares Morningstar Mid-Cap Growth ETF $IMCG Shares Bought by Capital Wealth Management LLC

Capital Wealth Management LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 7.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 243,505 shares of the company’s stock after purchasing an additional 16,622 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises approximately 5.0% of Capital Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Capital Wealth Management LLC owned about 0.59% of iShares Morningstar Mid-Cap Growth ETF worth $23,937,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of IMCG. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth approximately $25,000. Windsor Advisory Group LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $31,000. Kingdom Financial Group LLC. purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $42,000. Basepoint Wealth LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $47,000. Finally, Russell Investments Group Ltd. grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 29.3% during the second quarter. Russell Investments Group Ltd. now owns 613 shares of the company’s stock worth $49,000 after acquiring an additional 139 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.8%

Shares of IMCG opened at $95.21 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $75.67 and a 52-week high of $100.79. The company has a 50-day simple moving average of $97.21 and a 200-day simple moving average of $90.34. The company has a market capitalization of $3.93 billion, a PE ratio of 28.77 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.