Capital Wealth Management LLC Has $15.86 Million Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Capital Wealth Management LLC grew its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 12.2% in the fourth quarter, Holdings Channel reports. The firm owned 198,645 shares of the company’s stock after buying an additional 21,578 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF accounts for about 5.1% of Capital Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Capital Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $15,860,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IMCG. Financial Consulate Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth $25,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $29,000. Dagco Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $30,000. Windsor Advisory Group LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth $31,000. Finally, Fifth Third Bancorp bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter worth $37,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of IMCG opened at $88.02 on Friday. iShares Morningstar Mid-Cap Growth ETF has a one year low of $72.06 and a one year high of $88.55. The firm has a market capitalization of $3.48 billion, a P/E ratio of 28.77 and a beta of 1.13. The business has a fifty day moving average of $82.70 and a 200 day moving average of $82.00.

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.