Rede Wealth LLC Has $984,000 Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Rede Wealth LLC lessened its stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 18.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,925 shares of the company’s stock after selling 2,961 shares during the period. iShares Morningstar Mid-Cap ETF comprises 0.4% of Rede Wealth LLC’s investment portfolio, making the stock its 27th biggest position. Rede Wealth LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $984,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc grew 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 buying an additional 686 shares during the period. Signaturefd LLC grew its holdings in iShares Morningstar Mid-Cap ETF by 12.1% during the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares during the period. Arete Wealth Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter valued at $208,000. RFG Advisory LLC lifted its stake in shares of iShares Morningstar Mid-Cap ETF by 10.9% in the 4th quarter. RFG Advisory LLC now owns 3,032 shares of the company’s stock valued at $231,000 after purchasing an additional 298 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its position in shares of 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 worth $261,000 after purchasing an additional 308 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Down 0.4 %

NYSEARCA IMCB opened at $79.07 on Friday. iShares Morningstar Mid-Cap ETF has a 12 month low of $66.54 and a 12 month high of $82.52. The stock has a 50-day simple moving average of $78.53 and a 200 day simple moving average of $76.49. The company has a market capitalization of $944.89 million, a PE ratio of 52.36 and a beta of 0.98.

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.