Castle Wealth Management LLC Lowers Stock Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Castle Wealth Management LLC reduced its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 59,500 shares of the company’s stock after selling 1,676 shares during the period. iShares Morningstar Mid-Cap Growth ETF comprises approximately 1.8% of Castle Wealth Management LLC’s holdings, making the stock its 17th biggest holding. Castle Wealth Management LLC owned 0.21% of iShares Morningstar Mid-Cap Growth ETF worth $4,494,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IMCG. Prospect Financial Services LLC grew its stake in iShares Morningstar Mid-Cap Growth ETF by 2.7% in the 3rd quarter. Prospect Financial Services LLC now owns 22,846 shares of the company’s stock worth $1,667,000 after acquiring an additional 607 shares during the period. PFG Advisors boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 1.3% in the 3rd quarter. PFG Advisors now owns 49,339 shares of the company’s stock valued at $3,600,000 after purchasing an additional 618 shares during the last quarter. LaFleur & Godfrey LLC boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 5.2% in the 3rd quarter. LaFleur & Godfrey LLC now owns 8,993 shares of the company’s stock valued at $656,000 after purchasing an additional 448 shares during the last quarter. Nottingham Advisors Inc. acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at $1,507,000. Finally, Raymond James & Associates boosted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 12.3% in the 3rd quarter. Raymond James & Associates now owns 134,148 shares of the company’s stock valued at $9,789,000 after purchasing an additional 14,704 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.4 %

Shares of IMCG opened at $79.13 on Thursday. The firm has a market cap of $2.29 billion, a PE ratio of 27.60 and a beta of 1.13. The company’s fifty day moving average is $78.15 and its two-hundred day moving average is $74.73. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $64.17 and a fifty-two week high of $81.68.

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.