Horizon Investment Services LLC Sells 1,641 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Horizon Investment Services LLC trimmed its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,582 shares of the company’s stock after selling 1,641 shares during the period. Horizon Investment Services LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $1,571,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of IMCG. LPL Financial LLC boosted its stake in iShares Morningstar Mid-Cap Growth ETF by 69.1% during the first quarter. LPL Financial LLC now owns 2,011,284 shares of the company’s stock valued at $143,666,000 after buying an additional 821,692 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 31.2% in the 1st quarter. Ameriprise Financial Inc. now owns 1,828,545 shares of the company’s stock worth $130,649,000 after acquiring an additional 434,630 shares during the last quarter. Elevation Capital Advisory LLC bought a new stake in iShares Morningstar Mid-Cap Growth ETF in the first quarter worth $8,733,000. PTM Wealth Management LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at about $7,588,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Morningstar Mid-Cap Growth ETF by 13.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 726,769 shares of the company’s stock worth $51,913,000 after purchasing an additional 88,738 shares during the last quarter.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $80.53 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $61.65 and a 1 year high of $83.76. The stock has a market capitalization of $3.08 billion, a PE ratio of 28.77 and a beta of 1.12. The business’s 50-day moving average is $82.29 and its 200 day moving average is $79.75.

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.