XML Financial LLC Lowers Stock Holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

XML Financial LLC reduced its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 18.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,085 shares of the company’s stock after selling 720 shares during the quarter. XML Financial LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $235,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IMCB. Glass Jacobson Investment Advisors llc grew its holdings in iShares Morningstar Mid-Cap ETF by 508.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock worth $62,000 after acquiring an additional 686 shares in the last quarter. Signaturefd LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 12.1% during the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after purchasing an additional 157 shares in the last quarter. Matrix Private Capital Group LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 12.0% during the second quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock worth $187,000 after purchasing an additional 285 shares in the last quarter. Arete Wealth Advisors LLC purchased a new position in iShares Morningstar Mid-Cap ETF in the third quarter valued at $208,000. Finally, B. Riley Wealth Advisors Inc. raised its stake in iShares Morningstar Mid-Cap ETF by 9.8% in the third quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock valued at $261,000 after buying an additional 308 shares in the last quarter. 22.26% of the stock is currently owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Stock Performance

NYSEARCA:IMCB opened at $79.83 on Friday. iShares Morningstar Mid-Cap ETF has a 1 year low of $65.99 and a 1 year high of $82.52. The stock has a market cap of $953.97 million, a P/E ratio of 52.87 and a beta of 0.98. The stock has a 50-day simple moving average of $78.86 and a 200-day simple moving average of $75.88.

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.