Forte Capital LLC ADV Sells 10,670 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Forte Capital LLC ADV reduced its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 14.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,664 shares of the company’s stock after selling 10,670 shares during the quarter. Forte Capital LLC ADV owned about 0.23% of iShares Morningstar Mid-Cap Growth ETF worth $4,960,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IMCG. Raymond James & Associates grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 12.3% during the third quarter. Raymond James & Associates now owns 134,148 shares of the company’s stock valued at $9,789,000 after purchasing an additional 14,704 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $207,000. Private Advisor Group LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 7.6% in the third quarter. Private Advisor Group LLC now owns 105,208 shares of the company’s stock valued at $7,677,000 after acquiring an additional 7,429 shares during the last quarter. McAdam LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 6.4% in the third quarter. McAdam LLC now owns 7,196 shares of the company’s stock valued at $525,000 after acquiring an additional 433 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 62.3% in the third quarter. Silver Oak Securities Incorporated now owns 12,174 shares of the company’s stock valued at $888,000 after acquiring an additional 4,675 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG stock opened at $78.69 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $64.17 and a 52-week high of $81.68. The stock has a market cap of $2.27 billion, a PE ratio of 27.60 and a beta of 1.13. The firm’s 50 day moving average price is $78.05 and its two-hundred day moving average price is $75.15.

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.