Cwm LLC Sells 3,920 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Cwm LLC trimmed its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 4.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,060 shares of the company’s stock after selling 3,920 shares during the period. Cwm LLC owned approximately 0.29% of iShares Morningstar Mid-Cap Growth ETF worth $5,763,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Lincoln National Corp boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 507.5% during the 4th quarter. Lincoln National Corp now owns 29,974 shares of the company’s stock valued at $1,932,000 after purchasing an additional 25,040 shares during the period. McAdam LLC increased its position in iShares Morningstar Mid-Cap Growth ETF by 21.1% during the fourth quarter. McAdam LLC now owns 6,756 shares of the company’s stock worth $435,000 after acquiring an additional 1,175 shares during the period. Comerica Bank raised its stake in iShares Morningstar Mid-Cap Growth ETF by 8.3% during the 4th quarter. Comerica Bank now owns 27,378 shares of the company’s stock valued at $1,765,000 after purchasing an additional 2,099 shares during the last quarter. OxenFree Capital LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter valued at $5,544,000. Finally, Steele Capital Management Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth $10,931,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG traded down $0.58 on Wednesday, hitting $65.44. 120,688 shares of the company were exchanged, compared to its average volume of 138,194. The company’s 50 day moving average price is $67.96 and its two-hundred day moving average price is $67.89. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a one year low of $53.01 and a one year high of $70.85.

About iShares Morningstar Mid-Cap Growth ETF

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.