TAP Consulting LLC Reduces Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

TAP Consulting LLC decreased its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,604 shares of the company’s stock after selling 311 shares during the period. TAP Consulting LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $361,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Atria Wealth Solutions Inc. grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 0.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 58,209 shares of the company’s stock valued at $3,752,000 after buying an additional 545 shares during the period. CWM LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 9.6% in the 4th quarter. CWM LLC now owns 87,055 shares of the company’s stock worth $5,611,000 after acquiring an additional 7,650 shares during the last quarter. Hunter Associates Investment Management LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 24.0% in the 4th quarter. Hunter Associates Investment Management LLC now owns 23,848 shares of the company’s stock worth $1,544,000 after acquiring an additional 4,608 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 3.8% in the 4th quarter. J.W. Cole Advisors Inc. now owns 8,316 shares of the company’s stock worth $536,000 after acquiring an additional 301 shares during the last quarter. Finally, HF Advisory Group LLC lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 8.0% in the 4th quarter. HF Advisory Group LLC now owns 8,400 shares of the company’s stock worth $541,000 after acquiring an additional 621 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of IMCG stock traded up $0.31 during trading hours on Friday, hitting $67.36. The company had a trading volume of 493,143 shares, compared to its average volume of 162,578. The stock has a market capitalization of $1.98 billion, a PE ratio of 28.23 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $70.85. The company’s fifty day moving average is $68.58 and its 200 day moving average is $63.70.

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.