Ridgewood Investments LLC Trims Holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Ridgewood Investments LLC reduced its stake in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCGFree Report) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,370 shares of the company’s stock after selling 346 shares during the period. Ridgewood Investments LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $708,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of IMCG. Concord Wealth Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth about $75,000. M&R Capital Management Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% during the 3rd quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock worth $80,000 after acquiring an additional 594 shares during the period. Ellis Investment Partners LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth about $202,000. Foundations Investment Advisors LLC purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth about $207,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter worth about $220,000.

iShares Morningstar Mid-Cap Growth ETF Stock Down 1.8 %

Shares of IMCG stock traded down $1.37 during trading hours on Friday, hitting $75.20. 64,375 shares of the company were exchanged, compared to its average volume of 160,793. The firm has a fifty day moving average of $77.91 and a 200 day moving average of $72.96. The firm has a market cap of $2.17 billion, a PE ratio of 27.60 and a beta of 1.13. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $62.24 and a 1 year high of $81.68.

About iShares Morningstar Mid-Cap Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

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