Assetmark Inc. Sells 436 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Assetmark Inc. reduced its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 41.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 620 shares of the company’s stock after selling 436 shares during the quarter. Assetmark Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $47,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in 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 buying an additional 157 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 2.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 25,817 shares of the company’s stock valued at $1,810,000 after purchasing an additional 578 shares in the last quarter. Norden Group LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the 2nd quarter valued at approximately $240,000. Financial Perspectives Inc boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 3.7% in the 2nd quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock valued at $314,000 after purchasing an additional 159 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 19.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 63,450 shares of the company’s stock valued at $4,447,000 after purchasing an additional 10,464 shares in the last quarter. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 0.5 %

IMCB opened at $79.03 on Tuesday. The company’s 50 day moving average is $76.45 and its 200-day moving average is $73.17. iShares Morningstar Mid-Cap ETF has a 1-year low of $61.23 and a 1-year high of $80.67. The company has a market cap of $944.41 million, a P/E ratio of 52.34 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.