Capital Wealth Management LLC Buys 28,238 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Capital Wealth Management LLC lifted its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 14.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 226,883 shares of the company’s stock after buying an additional 28,238 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises approximately 4.8% of Capital Wealth Management LLC’s holdings, making the stock its 11th largest holding. Capital Wealth Management LLC owned approximately 0.58% of iShares Morningstar Mid-Cap Growth ETF worth $17,872,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Godfrey Financial Associates Inc. bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at $25,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at $29,000. Windsor Advisory Group LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at $31,000. Dagco Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at $30,000. Finally, Fifth Third Bancorp acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at $37,000.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.5%

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $96.00 on Wednesday. The stock has a market capitalization of $3.80 billion, a P/E ratio of 28.77 and a beta of 1.14. The company has a 50-day simple moving average of $91.00 and a 200 day simple moving average of $84.94. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $75.67 and a 12-month high of $97.89.

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.