HRC Wealth Management LLC Reduces Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

HRC Wealth Management LLC reduced its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 11,336 shares of the company’s stock after selling 370 shares during the period. iShares Morningstar Mid-Cap Growth ETF accounts for about 0.5% of HRC Wealth Management LLC’s holdings, making the stock its 16th biggest holding. HRC Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $909,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Nemes Rush Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth approximately $26,000. Compass Planning Associates Inc boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 74.8% during the 1st quarter. Compass Planning Associates Inc now owns 500 shares of the company’s stock worth $36,000 after purchasing an additional 214 shares during the period. NBC Securities Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter worth $51,000. Financial Perspectives Inc grew its position in iShares Morningstar Mid-Cap Growth ETF by 11.7% during the 1st quarter. Financial Perspectives Inc now owns 1,553 shares of the company’s stock worth $111,000 after purchasing an additional 163 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 31.1% in the second quarter. Parallel Advisors LLC now owns 1,848 shares of the company’s stock valued at $148,000 after purchasing an additional 438 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IMCG opened at $82.98 on Monday. The company has a 50-day simple moving average of $81.78 and a 200-day simple moving average of $77.64. iShares Morningstar Mid-Cap Growth ETF has a one year low of $61.65 and a one year high of $83.44. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 28.77 and a beta of 1.08.

iShares Morningstar Mid-Cap Growth ETF 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.