Richwood Investment Advisors LLC Trims Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Richwood Investment Advisors LLC decreased its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 6.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,750 shares of the company’s stock after selling 270 shares during the period. Richwood Investment Advisors LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IMCG. Raymond James Financial Inc. purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the fourth quarter valued at approximately $68,262,000. Strategic Financial Concepts LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 7,477.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 242,718 shares of the company’s stock valued at $18,332,000 after buying an additional 239,515 shares during the period. SRS Capital Advisors Inc. lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 102,908.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 162,754 shares of the company’s stock valued at $12,293,000 after buying an additional 162,596 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 29.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 609,856 shares of the company’s stock valued at $46,062,000 after buying an additional 140,171 shares during the period. Finally, Private Advisor Group LLC lifted its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 100.9% during the fourth quarter. Private Advisor Group LLC now owns 211,353 shares of the company’s stock valued at $15,964,000 after buying an additional 106,145 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Down 0.2 %

NYSEARCA:IMCG opened at $72.41 on Friday. The company has a market cap of $2.46 billion, a P/E ratio of 26.48 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a fifty-two week low of $64.17 and a fifty-two week high of $81.68. The firm’s 50 day moving average is $76.71 and its two-hundred day moving average is $75.87.

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.