iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Stock Position Lessened by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 16.1% in the 1st quarter, HoldingsChannel reports. The firm owned 38,162 shares of the company’s stock after selling 7,346 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $2,697,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. M&R Capital Management Inc. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 253.0% during the first quarter. M&R Capital Management Inc. now owns 406 shares of the company’s stock valued at $29,000 after buying an additional 291 shares in the last quarter. WASHINGTON TRUST Co bought a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at about $45,000. Concord Wealth Partners bought a new position in iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at about $69,000. Sunbelt Securities Inc. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 300.7% during the first quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock valued at $78,000 after buying an additional 824 shares in the last quarter. Finally, Private Trust Co. NA boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 18.1% during the fourth quarter. Private Trust Co. NA now owns 2,770 shares of the company’s stock valued at $179,000 after buying an additional 425 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Up 1.0 %

Shares of IMCG stock opened at $69.40 on Friday. The stock has a 50-day simple moving average of $68.15 and a 200 day simple moving average of $67.28. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $70.85. The stock has a market capitalization of $2.01 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.