Jim Saulnier & Associates LLC Raises Stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Jim Saulnier & Associates LLC raised its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 26.4% during the fourth quarter, HoldingsChannel reports. The firm owned 18,673 shares of the company’s stock after buying an additional 3,896 shares during the quarter. iShares Morningstar Mid-Cap ETF accounts for 1.3% of Jim Saulnier & Associates LLC’s holdings, making the stock its 18th biggest position. Jim Saulnier & Associates LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $1,422,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Morningstar Mid-Cap ETF by 508.1% during the third quarter. Glass Jacobson Investment Advisors llc now owns 821 shares of the company’s stock worth $62,000 after purchasing an additional 686 shares in the last quarter. Signaturefd LLC lifted 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 buying an additional 157 shares during the last quarter. Arete Wealth Advisors LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter worth about $208,000. RFG Advisory LLC increased its holdings 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 acquiring an additional 298 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its position in shares of iShares Morningstar Mid-Cap ETF by 9.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 3,441 shares of the company’s stock worth $261,000 after acquiring an additional 308 shares in the last quarter. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Down 0.1 %

IMCB stock opened at $79.78 on Monday. The stock has a market cap of $953.37 million, a price-to-earnings ratio of 52.83 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $66.02 and a fifty-two week high of $82.52. The business has a 50 day moving average price of $78.88 and a 200 day moving average price of $76.03.

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.