Creative Financial Designs Inc. ADV Reduces Position in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

Creative Financial Designs Inc. ADV decreased its holdings in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 2.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 281,401 shares of the company’s stock after selling 7,761 shares during the period. iShares Morningstar Mid-Cap Growth ETF makes up 1.7% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 11th largest holding. Creative Financial Designs Inc. ADV’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $20,534,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of IMCG. Concord Wealth Partners purchased a new position in shares of iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at $75,000. M&R Capital Management Inc. grew its stake in shares of iShares Morningstar Mid-Cap Growth ETF by 119.3% during the third quarter. M&R Capital Management Inc. now owns 1,092 shares of the company’s stock valued at $80,000 after buying an additional 594 shares during the last quarter. Beacon Capital Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap Growth ETF during the first quarter valued at $109,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 2nd quarter valued at about $174,000. Finally, Ellis Investment Partners LLC bought a new position in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter worth $202,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA IMCG opened at $72.66 on Friday. The stock’s fifty day moving average price is $72.15 and its 200 day moving average price is $69.44. iShares Morningstar Mid-Cap Growth ETF has a 1 year low of $53.36 and a 1 year high of $75.05. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 27.60 and a beta of 1.13.

iShares Morningstar Mid-Cap Growth ETF Company 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.