iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Sold by Marmo Financial Group LLC

Marmo Financial Group LLC lessened its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 42.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 119,048 shares of the company’s stock after selling 88,191 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF makes up approximately 4.6% of Marmo Financial Group LLC’s portfolio, making the stock its 8th largest holding. Marmo Financial Group LLC owned 0.41% of iShares Morningstar Mid-Cap Growth ETF worth $8,687,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Concord Wealth Partners acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at $69,000. M&R Capital Management Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% in the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock valued at $80,000 after acquiring an additional 594 shares during the period. Sunbelt Securities Inc. raised its position in shares of iShares Morningstar Mid-Cap Growth ETF by 300.7% in the 1st quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock valued at $78,000 after acquiring an additional 824 shares during the period. Beacon Capital Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at approximately $109,000. Finally, Opal Wealth Advisors LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the 2nd quarter worth approximately $174,000.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.1 %

Shares of IMCG opened at $73.53 on Monday. The stock has a market capitalization of $2.13 billion, a P/E ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $53.01 and a twelve month high of $75.05. The company has a 50 day moving average of $71.85 and a 200-day moving average of $69.31.

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.