Capital Square LLC Cuts Stock Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Capital Square LLC cut its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,186 shares of the company’s stock after selling 2,039 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises about 1.2% of Capital Square LLC’s portfolio, making the stock its 16th biggest position. Capital Square LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $2,057,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Concord Wealth Partners purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth about $75,000. M&R Capital Management Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% during the third quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after buying an additional 594 shares during the period. Beacon Capital Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth approximately $109,000. Strategic Financial Concepts LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% during the second quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock worth $148,000 after buying an additional 215,237 shares during the period. Finally, Opal Wealth Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the second quarter worth approximately $174,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG traded up $0.87 during trading hours on Monday, reaching $80.68. The stock had a trading volume of 5,201 shares, compared to its average volume of 129,814. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $59.15 and a 1 year high of $80.83. The firm’s 50 day moving average is $74.39 and its 200-day moving average is $70.61. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

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.