Capital Wealth Management LLC Has $11.79 Million Stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Capital Wealth Management LLC lessened its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.3% during the 4th quarter, HoldingsChannel reports. The firm owned 156,090 shares of the company’s stock after selling 465 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises 5.1% of Capital Wealth Management LLC’s holdings, making the stock its 9th biggest position. Capital Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $11,789,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in iShares Morningstar Mid-Cap Growth ETF by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock valued at $48,904,000 after buying an additional 23,442 shares during the last quarter. Avior Wealth Management LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 4.7% in the third quarter. Avior Wealth Management LLC now owns 547,910 shares of the company’s stock valued at $39,969,000 after purchasing an additional 24,367 shares during the last quarter. Cornerstone Planning Group LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 6.0% in the third quarter. Cornerstone Planning Group LLC now owns 310,146 shares of the company’s stock valued at $22,982,000 after purchasing an additional 17,527 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 20.4% in the second quarter. Envestnet Asset Management Inc. now owns 221,629 shares of the company’s stock worth $15,015,000 after purchasing an additional 37,486 shares during the period. Finally, Rodgers & Associates LTD lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 4.2% during the 3rd quarter. Rodgers & Associates LTD now owns 219,935 shares of the company’s stock worth $16,049,000 after purchasing an additional 8,895 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 0.7 %

IMCG opened at $78.30 on Monday. The stock’s 50 day moving average price is $78.07 and its two-hundred day moving average price is $73.41. The firm has a market capitalization of $2.26 billion, a P/E ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $62.58 and a 12-month high of $81.68.

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.