JPMorgan Chase & Co. Grows Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

JPMorgan Chase & Co. raised its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 35.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,480 shares of the company’s stock after purchasing an additional 5,409 shares during the quarter. JPMorgan Chase & Co. owned 0.17% of iShares Morningstar Mid-Cap ETF worth $1,557,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Morningstar Mid-Cap ETF by 508.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after purchasing an additional 686 shares during the last quarter. Signaturefd LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF by 12.1% in the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock valued at $110,000 after purchasing an additional 157 shares during the last quarter. Matrix Private Capital Group LLC lifted its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.0% in the 2nd quarter. Matrix Private Capital Group LLC now owns 2,664 shares of the company’s stock valued at $187,000 after buying an additional 285 shares during the period. Arete Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the 3rd quarter valued at approximately $208,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of iShares Morningstar Mid-Cap ETF by 9.8% in the 3rd 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 during the period. 22.26% of the stock is currently owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB opened at $79.83 on Friday. The business has a 50 day simple moving average of $78.86 and a 200-day simple moving average of $75.88. The stock has a market capitalization of $953.97 million, a P/E ratio of 52.87 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 12 month low of $65.99 and a 12 month high of $82.52.

About iShares Morningstar Mid-Cap ETF

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.