iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. cut its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 7.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,663 shares of the company’s stock after selling 522 shares during the period. Ameritas Investment Partners Inc. owned about 0.06% of iShares Morningstar Mid-Cap ETF worth $485,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Parallel Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter valued at about $39,000. ICA Group Wealth Management LLC bought a new position in iShares Morningstar Mid-Cap ETF in the fourth quarter worth about $80,000. RFG Advisory LLC bought a new position in iShares Morningstar Mid-Cap ETF in the fourth quarter worth about $204,000. Private Advisor Group LLC bought a new position in iShares Morningstar Mid-Cap ETF in the fourth quarter worth about $220,000. Finally, Western Wealth Management LLC bought a new position in iShares Morningstar Mid-Cap ETF in the fourth quarter worth about $222,000. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Trading Down 1.1 %

NYSEARCA IMCB traded down $0.76 during trading hours on Wednesday, reaching $71.53. The company’s stock had a trading volume of 13,453 shares, compared to its average volume of 21,646. The business has a 50-day simple moving average of $70.86 and a 200 day simple moving average of $69.83. iShares Morningstar Mid-Cap ETF has a 52 week low of $55.98 and a 52 week high of $73.50. The stock has a market cap of $854.78 million, a PE ratio of 47.87 and a beta of 0.98.

iShares Morningstar Mid-Cap ETF Company 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.