Scott Capital Advisors LLC Has $9.20 Million Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Scott Capital Advisors LLC trimmed its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 0.2% in the fourth quarter, HoldingsChannel reports. The firm owned 121,935 shares of the company’s stock after selling 302 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for about 2.6% of Scott Capital Advisors LLC’s holdings, making the stock its 12th largest holding. Scott Capital Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $9,200,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in iShares Morningstar Mid-Cap Growth ETF by 20.4% in the 2nd 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 in the last quarter. Blair William & Co. IL lifted its holdings in iShares Morningstar Mid-Cap Growth ETF by 341.1% in the 2nd quarter. Blair William & Co. IL now owns 23,241 shares of the company’s stock worth $1,575,000 after buying an additional 17,972 shares during the period. Thrivent Financial for Lutherans increased its position in iShares Morningstar Mid-Cap Growth ETF by 11.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 10,768 shares of the company’s stock valued at $730,000 after purchasing an additional 1,112 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in iShares Morningstar Mid-Cap Growth ETF by 3.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock valued at $48,904,000 after acquiring an additional 23,442 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 49.2% during the second quarter. NewEdge Advisors LLC now owns 41,604 shares of the company’s stock valued at $2,819,000 after buying an additional 13,713 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

NYSEARCA:IMCG opened at $78.30 on Monday. The firm has a 50-day simple moving average of $78.07 and a two-hundred day simple moving average of $73.41. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $62.58 and a fifty-two week high of $81.68. The firm has a market cap of $2.26 billion, a P/E 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.