Avalon Trust Co Decreases Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Avalon Trust Co cut its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 30.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,500 shares of the company’s stock after selling 1,500 shares during the quarter. Avalon Trust Co’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 69.1% in the first quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock worth $143,666,000 after purchasing an additional 821,692 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in 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 buying an additional 434,630 shares during the last quarter. Elevation Capital Advisory LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at $8,733,000. PTM Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 1st quarter worth $7,588,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Morningstar Mid-Cap Growth ETF by 13.9% in the first 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 during the period.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $81.96 on Thursday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $61.65 and a 1 year high of $83.76. The stock has a market capitalization of $3.13 billion, a PE ratio of 28.77 and a beta of 1.12. The business’s 50-day moving average is $82.30 and its 200 day moving average is $80.17.

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.