Portside Wealth Group LLC Has $1.92 Million Stock Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Portside Wealth Group LLC boosted its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 11.2% during the third quarter, Holdings Channel reports. The fund owned 25,195 shares of the company’s stock after acquiring an additional 2,535 shares during the period. Portside Wealth Group LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $1,915,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in iShares Morningstar Mid-Cap ETF by 498.9% in the first quarter. Cetera Investment Advisers now owns 166,848 shares of the company’s stock worth $12,152,000 after purchasing an additional 138,987 shares during the period. Matrix Trust Co grew its position in shares of iShares Morningstar Mid-Cap ETF by 12.9% during the 3rd quarter. Matrix Trust Co now owns 174,805 shares of the company’s stock worth $13,289,000 after buying an additional 19,922 shares during the period. Cetera Advisors LLC raised its stake in shares of iShares Morningstar Mid-Cap ETF by 42.7% during the first quarter. Cetera Advisors LLC now owns 52,745 shares of the company’s stock worth $3,841,000 after buying an additional 15,783 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in iShares Morningstar Mid-Cap ETF by 15.0% in the first quarter. Osaic Holdings Inc. now owns 101,767 shares of the company’s stock valued at $7,415,000 after buying an additional 13,254 shares during the period. Finally, Means Investment CO. Inc. boosted its stake in iShares Morningstar Mid-Cap ETF by 9.9% in the second quarter. Means Investment CO. Inc. now owns 130,372 shares of the company’s stock valued at $9,138,000 after acquiring an additional 11,691 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

IMCB opened at $79.14 on Friday. The company has a fifty day moving average price of $75.59 and a two-hundred day moving average price of $72.63. The firm has a market capitalization of $945.68 million, a PE ratio of 52.41 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 52 week low of $58.57 and a 52 week high of $79.29.

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.