iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 62.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,632 shares of the company’s stock after selling 4,393 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc raised its position in shares of 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 purchasing an additional 686 shares during the period. Arete Wealth Advisors LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter worth approximately $208,000. RFG Advisory LLC raised its position in shares of iShares Morningstar Mid-Cap ETF by 10.9% during the 4th quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock worth $231,000 after purchasing an additional 298 shares during the period. B. Riley Wealth Advisors Inc. increased its position in 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 acquiring an additional 308 shares during the period. Finally, Evolution Wealth Advisors LLC acquired a new stake in iShares Morningstar Mid-Cap ETF in the 4th quarter valued at approximately $305,000. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB opened at $74.85 on Friday. iShares Morningstar Mid-Cap ETF has a 12 month low of $68.07 and a 12 month high of $82.52. The stock has a market cap of $894.46 million, a P/E ratio of 49.57 and a beta of 1.10. The stock’s 50 day moving average price is $78.04 and its 200 day moving average price is $77.35.

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.