Castle Wealth Management LLC Sells 895 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Castle Wealth Management LLC decreased its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,434 shares of the company’s stock after selling 895 shares during the quarter. iShares Morningstar Mid-Cap Growth ETF comprises 2.1% of Castle Wealth Management LLC’s holdings, making the stock its 15th largest holding. Castle Wealth Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $3,444,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in iShares Morningstar Mid-Cap Growth ETF by 15.1% in the 1st quarter. Bank of New York Mellon Corp now owns 3,730 shares of the company’s stock valued at $239,000 after purchasing an additional 489 shares during the period. Cetera Investment Advisers lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 28.0% in the first quarter. Cetera Investment Advisers now owns 26,902 shares of the company’s stock valued at $1,729,000 after buying an additional 5,891 shares in the last quarter. Equitable Holdings Inc. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 29.1% during the first quarter. Equitable Holdings Inc. now owns 51,832 shares of the company’s stock valued at $3,332,000 after buying an additional 11,687 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter worth about $1,640,000. Finally, Certified Advisory Corp lifted its position in iShares Morningstar Mid-Cap Growth ETF by 15.6% in the 1st quarter. Certified Advisory Corp now owns 46,354 shares of the company’s stock valued at $2,980,000 after acquiring an additional 6,245 shares in the last quarter.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.6 %

IMCG stock traded down $0.41 during mid-day trading on Friday, reaching $65.46. 250,110 shares of the company traded hands, compared to its average volume of 161,770. The firm’s 50 day moving average price is $68.57 and its 200 day moving average price is $63.34. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 28.23 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $53.01 and a fifty-two week high of $70.85.

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.