Rodgers & Associates LTD Sells 7,624 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Rodgers & Associates LTD lowered its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 236,684 shares of the company’s stock after selling 7,624 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for 1.7% of Rodgers & Associates LTD’s portfolio, making the stock its 19th biggest holding. Rodgers & Associates LTD owned about 0.57% of iShares Morningstar Mid-Cap Growth ETF worth $23,266,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of IMCG. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 256.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,873,288 shares of the company’s stock valued at $229,403,000 after purchasing an additional 2,068,305 shares during the period. Baer Investment Advisory LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 1st quarter worth about $34,027,000. Arax Advisory Partners purchased a new position in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $21,808,000. Beam Wealth Advisors Inc. lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 530.1% during the 1st quarter. Beam Wealth Advisors Inc. now owns 260,379 shares of the company’s stock valued at $20,510,000 after buying an additional 219,053 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 2,448,326 shares of the company’s stock valued at $195,474,000 after buying an additional 160,038 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of IMCG stock opened at $95.39 on Thursday. The company has a market capitalization of $3.93 billion, a P/E ratio of 28.77 and a beta of 1.13. The company’s 50-day simple moving average is $97.19 and its two-hundred day simple moving average is $90.44. iShares Morningstar Mid-Cap Growth ETF has a one year low of $75.67 and a one year high of $100.79.

About iShares Morningstar Mid-Cap Growth ETF

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.