Castle Wealth Management LLC Has $3.44 Million Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Castle Wealth Management LLC trimmed its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 53,434 shares of the company’s stock after selling 895 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises approximately 2.1% of Castle Wealth Management LLC’s holdings, making the stock its 15th largest holding. Castle Wealth Management LLC owned about 0.20% of iShares Morningstar Mid-Cap Growth ETF worth $3,444,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its holdings in iShares Morningstar Mid-Cap Growth ETF by 15.1% in the first quarter. Bank of New York Mellon Corp now owns 3,730 shares of the company’s stock valued at $239,000 after acquiring an additional 489 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 28.0% in the 1st quarter. Cetera Investment Advisers now owns 26,902 shares of the company’s stock valued at $1,729,000 after purchasing an additional 5,891 shares during the last quarter. Equitable Holdings Inc. grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 29.1% during the 1st quarter. Equitable Holdings Inc. now owns 51,832 shares of the company’s stock worth $3,332,000 after buying an additional 11,687 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth approximately $1,640,000. Finally, Certified Advisory Corp lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 15.6% in the first quarter. Certified Advisory Corp now owns 46,354 shares of the company’s stock valued at $2,980,000 after buying an additional 6,245 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG traded down $0.41 during trading on Friday, reaching $65.46. 250,110 shares of the company’s stock were exchanged, compared to its average volume of 161,770. The company’s fifty day moving average price is $68.57 and its 200-day moving average price is $63.34. The firm has a market capitalization of $1.93 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.

iShares Morningstar Mid-Cap Growth ETF Company Profile

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.