Pacific Financial Group Inc. Reduces Stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Pacific Financial Group Inc. decreased its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 14.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,963 shares of the company’s stock after selling 11,376 shares during the period. iShares Morningstar Mid-Cap ETF comprises 3.9% of Pacific Financial Group Inc.’s portfolio, making the stock its 7th largest holding. Pacific Financial Group Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $5,319,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Avion Wealth bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the 2nd quarter valued at about $45,000. Signaturefd LLC raised its position in iShares Morningstar Mid-Cap ETF by 12.1% in the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares during the period. Matrix Private Capital Group LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 12.0% during the 2nd quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after acquiring an additional 285 shares during the last quarter. Norden Group LLC bought a new position in iShares Morningstar Mid-Cap ETF in the 2nd quarter worth $240,000. Finally, Tyler Stone Wealth Management raised its holdings in iShares Morningstar Mid-Cap ETF by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 4,186 shares of the company’s stock worth $318,000 after purchasing an additional 2,093 shares during the period. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of iShares Morningstar Mid-Cap ETF stock opened at $81.50 on Monday. iShares Morningstar Mid-Cap ETF has a one year low of $61.85 and a one year high of $81.53. The stock’s fifty day moving average is $77.00 and its 200 day moving average is $73.45. The stock has a market cap of $973.93 million, a P/E ratio of 53.97 and a beta of 0.98.

iShares Morningstar Mid-Cap ETF Profile

The iShares Morningstar Mid-Cap ETF (IMCB) is an exchange-traded fund that is based on the Morningstar US Mid Cap index. The fund tracks a market cap-weighted index consisting of US mid-cap stocks with both growth and value characteristics. IMCB was launched on Jun 28, 2004 and is managed by BlackRock.