AE Wealth Management LLC Has $1.46 Million Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

AE Wealth Management LLC cut its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,166 shares of the company’s stock after selling 1,528 shares during the period. AE Wealth Management LLC owned about 0.05% of iShares Morningstar Mid-Cap Growth ETF worth $1,457,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 69.1% during the 1st quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock worth $143,666,000 after buying an additional 821,692 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 31.2% during the 1st quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock valued at $130,649,000 after purchasing an additional 434,630 shares in the last quarter. Elevation Capital Advisory LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 1st quarter valued at approximately $8,733,000. PTM Wealth Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter valued at approximately $7,588,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in iShares Morningstar Mid-Cap Growth ETF by 13.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 726,769 shares of the company’s stock valued at $51,913,000 after acquiring an additional 88,738 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG stock opened at $81.96 on Thursday. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $61.65 and a fifty-two week high of $83.76. The business has a 50-day moving average of $82.30 and a 200-day moving average of $80.17. The stock has a market capitalization of $3.13 billion, a P/E ratio of 28.77 and a beta of 1.12.

iShares Morningstar Mid-Cap Growth ETF Company 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.