Commonwealth Equity Services LLC Has $34.27 Million Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Commonwealth Equity Services LLC lowered its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 16.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 469,685 shares of the company’s stock after selling 94,606 shares during the period. Commonwealth Equity Services LLC owned 1.63% of iShares Morningstar Mid-Cap Growth ETF worth $34,273,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Concord Wealth Partners bought a new position in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at $69,000. Sunbelt Securities Inc. grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 300.7% during the 1st quarter. Sunbelt Securities Inc. now owns 1,098 shares of the company’s stock valued at $78,000 after buying an additional 824 shares in the last quarter. M&R Capital Management Inc. grew its stake in iShares Morningstar Mid-Cap Growth ETF by 119.3% during the third quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock valued at $80,000 after acquiring an additional 594 shares in the last quarter. Beacon Capital Management LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the first quarter worth $109,000. Finally, Strategic Financial Concepts LLC increased its stake in iShares Morningstar Mid-Cap Growth ETF by 6,375.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 218,613 shares of the company’s stock worth $148,000 after acquiring an additional 215,237 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of IMCG opened at $74.47 on Tuesday. The firm’s 50 day simple moving average is $71.46 and its 200 day simple moving average is $69.19. The company has a market capitalization of $2.15 billion, a P/E ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $53.01 and a 1-year high of $75.05.

About iShares Morningstar Mid-Cap Growth ETF

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.