PFG Advisors Sells 1,324 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

PFG Advisors trimmed its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 48,015 shares of the company’s stock after selling 1,324 shares during the period. PFG Advisors’ holdings in iShares Morningstar Mid-Cap Growth ETF were worth $3,627,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IMCG. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth approximately $27,000. Rosenberg Matthew Hamilton purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $34,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth $38,000. Synergy Investment Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $74,000. Finally, Blue Trust Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth $82,000.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.5 %

IMCG opened at $70.95 on Wednesday. The business’s fifty day simple moving average is $77.41 and its 200 day simple moving average is $75.83. 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 $2.45 billion, a PE ratio of 28.86 and a beta of 1.11.

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.