Axxcess Wealth Management LLC Reduces Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Axxcess Wealth Management LLC lessened its holdings in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,039 shares of the company’s stock after selling 429 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Nemes Rush Group LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at approximately $26,000. Compass Planning Associates Inc raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 43.8% during the second quarter. Compass Planning Associates Inc now owns 719 shares of the company’s stock valued at $58,000 after acquiring an additional 219 shares in the last quarter. Concord Wealth Partners bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the second quarter valued at approximately $86,000. Financial Perspectives Inc raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 11.7% during the first quarter. Financial Perspectives Inc now owns 1,553 shares of the company’s stock valued at $111,000 after acquiring an additional 163 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 31.1% during the second quarter. Parallel Advisors LLC now owns 1,848 shares of the company’s stock valued at $148,000 after acquiring an additional 438 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

iShares Morningstar Mid-Cap Growth ETF stock opened at $82.43 on Thursday. The company has a 50 day moving average price of $81.93 and a 200-day moving average price of $78.11. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $61.65 and a fifty-two week high of $83.66. The company has a market capitalization of $3.12 billion, a PE ratio of 28.77 and a beta of 1.08.

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.