iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC lessened its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,178 shares of the company’s stock after selling 332 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $351,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IMCG. Raymond James & Associates boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 7.4% in the 4th quarter. Raymond James & Associates now owns 123,006 shares of the company’s stock valued at $7,928,000 after purchasing an additional 8,425 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 18.1% during the 4th quarter. Private Trust Co. NA now owns 2,770 shares of the company’s stock valued at $179,000 after acquiring an additional 425 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $320,000. Stratos Wealth Partners LTD. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $318,000. Finally, Means Investment CO. Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter valued at $266,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG traded down $1.51 during midday trading on Friday, hitting $66.73. 170,167 shares of the company’s stock traded hands, compared to its average volume of 136,624. The company has a market cap of $1.93 billion, a PE ratio of 27.60 and a beta of 1.13. The firm’s fifty day moving average price is $68.13 and its two-hundred day moving average price is $67.88. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $53.01 and a twelve month high of $70.85.

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.