iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Sees Strong Trading Volume

Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) saw unusually-strong trading volume on Wednesday . Approximately 71,408 shares traded hands during mid-day trading, an increase of 260% from the previous session’s volume of 19,822 shares.The stock last traded at $69.53 and had previously closed at $69.56.

iShares Morningstar Mid-Cap ETF Stock Up 0.2 %

The firm has a 50-day moving average of $70.38 and a 200 day moving average of $65.87. The stock has a market capitalization of $836.41 million, a P/E ratio of 46.07 and a beta of 0.99.

Institutional Trading of iShares Morningstar Mid-Cap ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of iShares Morningstar Mid-Cap ETF by 3.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 15,092 shares of the company’s stock valued at $901,000 after purchasing an additional 488 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Morningstar Mid-Cap ETF by 1.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 316,048 shares of the company’s stock worth $18,878,000 after purchasing an additional 5,613 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 1.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 53,261 shares of the company’s stock worth $3,181,000 after acquiring an additional 510 shares during the last quarter. Bouchey Financial Group Ltd acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the 3rd quarter worth approximately $202,000. Finally, Means Investment CO. Inc. increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 39.5% during the 3rd quarter. Means Investment CO. Inc. now owns 86,744 shares of the company’s stock worth $5,181,000 after acquiring an additional 24,545 shares during the last quarter. 22.26% of the stock is currently owned by institutional investors and hedge funds.

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.