PFG Advisors Sells 1,324 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

PFG Advisors cut its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,015 shares of the company’s stock after selling 1,324 shares during the period. PFG Advisors owned 0.17% of iShares Morningstar Mid-Cap Growth ETF worth $3,627,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IMCG. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth approximately $27,000. Rosenberg Matthew Hamilton acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at $34,000. Halbert Hargrove Global Advisors LLC acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at $38,000. Synergy Investment Management LLC acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth about $74,000. Finally, Blue Trust Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 4th quarter worth about $82,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $70.95 on Wednesday. The stock has a market capitalization of $2.45 billion, a P/E ratio of 28.86 and a beta of 1.11. The business has a 50 day simple moving average of $77.41 and a 200 day simple moving average of $75.83. iShares Morningstar Mid-Cap Growth ETF has a one year low of $64.17 and a one year high of $81.68.

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.