Financial Perspectives Inc Grows Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Financial Perspectives Inc grew its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCBFree Report) by 3.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,480 shares of the company’s stock after acquiring an additional 159 shares during the quarter. Financial Perspectives Inc’s holdings in iShares Morningstar Mid-Cap ETF were worth $314,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IMCB. Parallel Advisors LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at approximately $39,000. Avion Wealth purchased a new stake in iShares Morningstar Mid-Cap ETF during the second quarter valued at about $45,000. ICA Group Wealth Management LLC purchased a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at about $80,000. Private Advisor Group LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the fourth quarter worth about $220,000. Finally, Norden Group LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the 2nd quarter worth about $240,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Up 1.1 %

Shares of iShares Morningstar Mid-Cap ETF stock opened at $74.21 on Monday. The firm has a market capitalization of $886.81 million, a PE ratio of 49.15 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 12 month low of $55.98 and a 12 month high of $74.69. The business’s 50-day moving average price is $72.24 and its 200-day moving average price is $71.21.

iShares Morningstar Mid-Cap ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

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