Fermata Advisors LLC Sells 747 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Fermata Advisors LLC cut its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 9.1% in the 4th quarter, HoldingsChannel reports. The firm owned 7,488 shares of the company’s stock after selling 747 shares during the period. Fermata Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $566,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IMCG. Jane Street Group LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at approximately $1,995,000. FMR LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 21.6% during the 3rd quarter. FMR LLC now owns 11,341 shares of the company’s stock valued at $828,000 after buying an additional 2,017 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 49.2% during the second quarter. NewEdge Advisors LLC now owns 41,604 shares of the company’s stock valued at $2,819,000 after purchasing an additional 13,713 shares in the last quarter. Blair William & Co. IL raised its stake in iShares Morningstar Mid-Cap Growth ETF by 341.1% during the second quarter. Blair William & Co. IL now owns 23,241 shares of the company’s stock valued at $1,575,000 after buying an additional 17,972 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 721,817 shares of the company’s stock worth $48,904,000 after purchasing an additional 23,442 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

IMCG stock opened at $77.76 on Friday. The business has a fifty day moving average price of $78.05 and a 200-day moving average price of $73.22. iShares Morningstar Mid-Cap Growth ETF has a 1-year low of $62.24 and a 1-year high of $81.68. The stock has a market capitalization of $2.25 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.