Clearwater Capital Advisors LLC Reduces Stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Clearwater Capital Advisors LLC trimmed its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,446 shares of the company’s stock after selling 200 shares during the quarter. Clearwater Capital Advisors LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $262,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IMCB. Glass Jacobson Investment Advisors llc boosted its stake in iShares Morningstar Mid-Cap ETF by 508.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock valued at $62,000 after acquiring an additional 686 shares during the last quarter. Synergy Investment Management LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at approximately $178,000. Arete Wealth Advisors LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter valued at approximately $208,000. Assetmark Inc. lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 356.8% during the 4th quarter. Assetmark Inc. now owns 2,832 shares of the company’s stock valued at $216,000 after buying an additional 2,212 shares in the last quarter. Finally, RFG Advisory LLC lifted its stake 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 valued at $231,000 after buying an additional 298 shares in the last quarter. 22.26% of the stock is currently owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 2.4 %

Shares of IMCB stock opened at $73.76 on Monday. The stock has a market capitalization of $881.43 million, a P/E ratio of 48.85 and a beta of 1.10. The firm’s 50 day moving average is $77.69 and its 200 day moving average is $77.40. iShares Morningstar Mid-Cap ETF has a 12 month low of $68.07 and a 12 month high of $82.52.

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.