TAP Consulting LLC Sells 311 Shares of iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG)

TAP Consulting LLC lessened its stake in iShares Morningstar Mid-Cap Growth ETF (NYSEARCA:IMCG) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,604 shares of the company’s stock after selling 311 shares during the period. TAP Consulting LLC’s holdings in iShares Morningstar Mid-Cap Growth ETF were worth $361,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of IMCG. Sheets Smith Wealth Management bought a new stake in shares of iShares Morningstar Mid-Cap Growth ETF in the 3rd quarter valued at about $34,000. NBC Securities Inc. purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at about $46,000. Private Trust Co. NA increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 59.0% during the 3rd quarter. Private Trust Co. NA now owns 2,345 shares of the company’s stock valued at $134,000 after purchasing an additional 870 shares during the period. Woodard & Co. Asset Management Group Inc. ADV increased its holdings in iShares Morningstar Mid-Cap Growth ETF by 92.9% during the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,565 shares of the company’s stock valued at $147,000 after purchasing an additional 1,235 shares during the period. Finally, Maripau Wealth Management LLC purchased a new position in iShares Morningstar Mid-Cap Growth ETF during the 3rd quarter valued at about $203,000.

iShares Morningstar Mid-Cap Growth ETF Price Performance

NYSEARCA:IMCG traded up $0.31 during mid-day trading on Friday, reaching $67.36. 493,143 shares of the company’s stock traded hands, compared to its average volume of 162,578. iShares Morningstar Mid-Cap Growth ETF has a 12-month low of $53.01 and a 12-month high of $70.85. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 28.23 and a beta of 1.13. The company has a 50 day moving average price of $68.58 and a 200-day moving average price of $63.70.

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.