Belpointe Asset Management LLC Sells 3,377 Shares of iShares Morningstar Mid-Cap Growth ETF $IMCG

Belpointe Asset Management LLC reduced its position in shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 23.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,882 shares of the company’s stock after selling 3,377 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $873,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IMCG. NBC Securities Inc. bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at approximately $51,000. Focus Financial Network Inc. grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 6.9% during the 1st quarter. Focus Financial Network Inc. now owns 19,736 shares of the company’s stock valued at $1,410,000 after acquiring an additional 1,270 shares during the period. IAG Wealth Partners LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 8.2% during the 1st quarter. IAG Wealth Partners LLC now owns 184,465 shares of the company’s stock valued at $13,176,000 after acquiring an additional 13,962 shares during the period. Opal Wealth Advisors LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 1st quarter valued at approximately $184,000. Finally, Dynamic Advisor Solutions LLC grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 8.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 3,874 shares of the company’s stock valued at $277,000 after acquiring an additional 314 shares during the period.

iShares Morningstar Mid-Cap Growth ETF Trading Up 0.9%

Shares of NYSEARCA:IMCG opened at $83.45 on Thursday. The stock has a 50 day moving average of $81.83 and a 200 day moving average of $77.79. The company has a market cap of $3.23 billion, a PE ratio of 28.77 and a beta of 1.08. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $61.65 and a 12-month high of $83.66.

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.