Global Retirement Partners LLC Reduces Stock Position in iShares Morningstar Mid-Cap Growth ETF $IMCG

Global Retirement Partners LLC cut its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 41.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,292 shares of the company’s stock after selling 8,773 shares during the period. Global Retirement Partners LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $981,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IMCG. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth about $29,000. Dagco Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the 4th quarter worth about $30,000. Windsor Advisory Group LLC purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth approximately $31,000. Fifth Third Bancorp purchased a new stake in iShares Morningstar Mid-Cap Growth ETF during the third quarter worth approximately $37,000. Finally, Richards Merrill & Peterson Inc. acquired a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter valued at approximately $41,000.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

IMCG stock opened at $91.35 on Tuesday. iShares Morningstar Mid-Cap Growth ETF has a twelve month low of $75.43 and a twelve month high of $91.62. The company’s 50 day moving average is $84.87 and its two-hundred day moving average is $82.81. The stock has a market cap of $3.62 billion, a P/E ratio of 28.77 and a beta of 1.13.

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.