Jim Saulnier & Associates LLC Acquires New Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Jim Saulnier & Associates LLC acquired a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,777 shares of the company’s stock, valued at approximately $1,123,000. iShares Morningstar Mid-Cap ETF comprises about 1.1% of Jim Saulnier & Associates LLC’s portfolio, making the stock its 22nd biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC boosted its position in iShares Morningstar Mid-Cap ETF by 12.1% in the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock valued at $110,000 after buying an additional 157 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Morningstar Mid-Cap ETF by 2.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,817 shares of the company’s stock valued at $1,810,000 after buying an additional 578 shares in the last quarter. Norden Group LLC acquired a new stake in iShares Morningstar Mid-Cap ETF in the second quarter valued at approximately $240,000. Financial Perspectives Inc boosted its position in iShares Morningstar Mid-Cap ETF by 3.7% in the second quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock valued at $314,000 after buying an additional 159 shares in the last quarter. Finally, Proactive Wealth Strategies LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the third quarter worth $322,000. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IMCB opened at $81.50 on Friday. The firm has a market cap of $973.92 million, a PE ratio of 53.97 and a beta of 0.98. The firm’s fifty day moving average is $77.00 and its 200-day moving average is $73.43. iShares Morningstar Mid-Cap ETF has a 52 week low of $61.85 and a 52 week high of $81.53.

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.