Kingsview Wealth Management LLC Lowers Holdings in iShares Morningstar Mid-Cap Growth ETF $IMCG

Kingsview Wealth Management LLC cut its position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 3.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,136 shares of the company’s stock after selling 1,128 shares during the period. Kingsview Wealth Management LLC owned 0.08% of iShares Morningstar Mid-Cap Growth ETF worth $2,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. 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 worth $143,666,000 after buying an additional 821,692 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares Morningstar Mid-Cap Growth ETF by 31.2% during 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 in the last quarter. Raymond James Financial Inc. increased its stake in iShares Morningstar Mid-Cap Growth ETF by 4.3% in the first quarter. Raymond James Financial Inc. now owns 942,937 shares of the company’s stock valued at $67,354,000 after purchasing an additional 39,160 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 valued at $51,913,000 after acquiring an additional 88,738 shares during the period. Finally, Avior Wealth Management LLC lifted its position in iShares Morningstar Mid-Cap Growth ETF by 3.6% during the 2nd quarter. Avior Wealth Management LLC now owns 635,237 shares of the company’s stock worth $50,965,000 after acquiring an additional 22,204 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IMCG opened at $78.57 on Wednesday. The company’s fifty day moving average is $82.08 and its two-hundred day moving average is $80.43. iShares Morningstar Mid-Cap Growth ETF has a one year low of $61.65 and a one year high of $83.76. The firm has a market capitalization of $3.00 billion, a P/E ratio of 28.77 and a beta of 1.12.

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.