PFG Advisors Sells 28,512 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

PFG Advisors decreased its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report) by 74.1% in the 4th quarter, HoldingsChannel reports. The fund owned 9,948 shares of the company’s stock after selling 28,512 shares during the period. PFG Advisors’ holdings in iShares Morningstar Mid-Cap Growth ETF were worth $794,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the company. Financial Consulate Inc. bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the third quarter valued at approximately $25,000. Windsor Advisory Group LLC acquired a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the third quarter valued at $31,000. Dagco Inc. bought a new position in iShares Morningstar Mid-Cap Growth ETF in the fourth quarter worth $30,000. Fifth Third Bancorp bought a new position in iShares Morningstar Mid-Cap Growth ETF in the third quarter worth $37,000. Finally, Richards Merrill & Peterson Inc. acquired a new stake in iShares Morningstar Mid-Cap Growth ETF during the fourth quarter worth $41,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

Shares of iShares Morningstar Mid-Cap Growth ETF stock opened at $87.32 on Friday. iShares Morningstar Mid-Cap Growth ETF has a 52-week low of $69.57 and a 52-week high of $88.55. The firm has a market capitalization of $3.45 billion, a PE ratio of 28.77 and a beta of 1.13. The company’s fifty day moving average price is $82.28 and its two-hundred day moving average price is $81.85.

iShares Morningstar Mid-Cap Growth ETF Profile

(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.

Further Reading

• Five stocks we like better than iShares Morningstar Mid-Cap Growth ETF

Want to see what other hedge funds are holding IMCG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG – Free Report).