Diversify Advisory Services LLC Lowers Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Diversify Advisory Services LLC lessened its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 23.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 12,511 shares of the company’s stock after selling 3,889 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $926,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IMCG. Concord Wealth Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth about $75,000. M&R Capital Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% in the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after purchasing an additional 594 shares during the last quarter. Beacon Capital Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 1st quarter worth about $109,000. Strategic Financial Concepts LLC raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 6,375.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock worth $148,000 after purchasing an additional 215,237 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter worth about $174,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG opened at $73.81 on Thursday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $53.36 and a 1 year high of $75.05. The stock has a 50-day moving average price of $72.09 and a 200-day moving average price of $69.42. The firm has a market cap of $2.13 billion, a PE ratio of 27.60 and a beta of 1.13.

iShares Morningstar Mid-Cap Growth ETF 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.