Arete Wealth Advisors LLC Lowers Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Arete Wealth Advisors LLC decreased its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,512 shares of the company’s stock after selling 440 shares during the period. Arete Wealth Advisors LLC owned approximately 0.08% of iShares Morningstar Mid-Cap Growth ETF worth $1,779,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 4.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 652,301 shares of the company’s stock valued at $44,193,000 after buying an additional 28,973 shares during the last quarter. Price T Rowe Associates Inc. MD bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $209,000. Ausdal Financial Partners Inc. increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 38.3% during the second quarter. Ausdal Financial Partners Inc. now owns 18,285 shares of the company’s stock valued at $1,239,000 after buying an additional 5,062 shares during the last quarter. DDFG Inc increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6.1% in the 2nd quarter. DDFG Inc now owns 12,192 shares of the company’s stock worth $826,000 after purchasing an additional 696 shares in the last quarter. Finally, Beam Wealth Advisors Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the second quarter worth about $934,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IMCG opened at $79.56 on Wednesday. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $60.90 and a 1-year high of $81.68. The firm’s 50 day simple moving average is $76.38 and its two-hundred day simple moving average is $71.58. The company has a market capitalization of $2.30 billion, a P/E ratio of 27.60 and a beta of 1.13.

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.