PCA Investment Advisory Services Inc. Sells 571 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

PCA Investment Advisory Services Inc. reduced its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.8% during the fourth quarter, HoldingsChannel reports. The fund owned 19,895 shares of the company’s stock after selling 571 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises 0.7% of PCA Investment Advisory Services Inc.’s holdings, making the stock its 28th biggest position. PCA Investment Advisory Services Inc.’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,503,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IMCG. Jane Street Group LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $1,995,000. FMR LLC lifted its position in shares of iShares Morningstar Mid-Cap Growth ETF by 21.6% during the third quarter. FMR LLC now owns 11,341 shares of the company’s stock worth $828,000 after acquiring an additional 2,017 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 49.2% in the second quarter. NewEdge Advisors LLC now owns 41,604 shares of the company’s stock worth $2,819,000 after acquiring an additional 13,713 shares during the period. Blair William & Co. IL grew its position in shares of iShares Morningstar Mid-Cap Growth ETF by 341.1% in the second quarter. Blair William & Co. IL now owns 23,241 shares of the company’s stock valued at $1,575,000 after purchasing an additional 17,972 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 3.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock valued at $48,904,000 after purchasing an additional 23,442 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of IMCG opened at $75.45 on Tuesday. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $62.24 and a 52-week high of $81.68. The stock’s 50-day simple moving average is $78.00 and its 200 day simple moving average is $73.13.

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.