iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Flagstar Advisors Inc.

Flagstar Advisors Inc. lowered its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,176 shares of the company’s stock after selling 1,073 shares during the period. Flagstar Advisors Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $1,841,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IMCB. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter worth about $7,626,000. Stratos Wealth Partners LTD. purchased a new stake in iShares Morningstar Mid-Cap ETF in the 4th quarter valued at approximately $4,494,000. EWG Elevate Inc. acquired a new position in shares of iShares Morningstar Mid-Cap ETF in the fourth quarter worth $3,235,000. Townsquare Capital LLC lifted its position in shares of iShares Morningstar Mid-Cap ETF by 7.4% in the third quarter. Townsquare Capital LLC now owns 561,771 shares of the company’s stock valued at $42,706,000 after acquiring an additional 38,563 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 25.2% during the third quarter. MML Investors Services LLC now owns 110,379 shares of the company’s stock valued at $8,391,000 after acquiring an additional 22,198 shares during the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 0.6 %

Shares of IMCB stock opened at $79.81 on Wednesday. iShares Morningstar Mid-Cap ETF has a twelve month low of $67.75 and a twelve month high of $82.52. The company has a market capitalization of $953.73 million, a price-to-earnings ratio of 52.85 and a beta of 0.98. The firm has a 50-day moving average price of $78.24 and a 200 day moving average price of $76.88.

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.