Cetera Investment Advisers Boosts Stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Cetera Investment Advisers lifted its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,243 shares of the company’s stock after purchasing an additional 12,169 shares during the period. Cetera Investment Advisers owned about 1.54% of iShares Morningstar Mid-Cap ETF worth $14,030,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC raised its position in iShares Morningstar Mid-Cap ETF by 4.6% during the fourth quarter. LPL Financial LLC now owns 429,064 shares of the company’s stock worth $32,673,000 after acquiring an additional 18,944 shares during the period. Raymond James Financial Inc. purchased a new position in iShares Morningstar Mid-Cap ETF in the 4th quarter valued at about $26,324,000. Means Investment CO. Inc. boosted its holdings in iShares Morningstar Mid-Cap ETF by 11.3% in the 4th quarter. Means Investment CO. Inc. now owns 157,560 shares of the company’s stock worth $11,998,000 after buying an additional 16,050 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of iShares Morningstar Mid-Cap ETF by 9.6% during the fourth quarter. MML Investors Services LLC now owns 121,011 shares of the company’s stock valued at $9,215,000 after acquiring an additional 10,632 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of iShares Morningstar Mid-Cap ETF by 4.6% in the fourth quarter. Wells Fargo & Company MN now owns 105,013 shares of the company’s stock worth $7,997,000 after acquiring an additional 4,598 shares during the last quarter. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

NYSEARCA IMCB opened at $75.05 on Friday. iShares Morningstar Mid-Cap ETF has a one year low of $64.02 and a one year high of $82.52. The business has a fifty day moving average price of $72.44 and a 200 day moving average price of $76.46. The company has a market cap of $896.85 million, a P/E ratio of 49.70 and a beta of 1.05.

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.