iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV boosted its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 6.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,023 shares of the company’s stock after purchasing an additional 455 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Morningstar Mid-Cap ETF were worth $520,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in iShares Morningstar Mid-Cap ETF by 4.6% in the 4th quarter. LPL Financial LLC now owns 429,064 shares of the company’s stock valued at $32,673,000 after purchasing an additional 18,944 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter worth $26,324,000. Means Investment CO. Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF by 92.3% in the 1st quarter. Means Investment CO. Inc. now owns 302,927 shares of the company’s stock worth $22,442,000 after acquiring an additional 145,367 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of iShares Morningstar Mid-Cap ETF by 7.1% in the 4th quarter. Cetera Investment Advisers now owns 184,243 shares of the company’s stock worth $14,030,000 after acquiring an additional 12,169 shares during the last quarter. Finally, Steele Capital Management Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF by 0.3% in the 1st quarter. Steele Capital Management Inc. now owns 174,787 shares of the company’s stock worth $12,949,000 after acquiring an additional 585 shares during the last quarter. 22.26% of the stock is owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Stock Up 0.5%

Shares of IMCB opened at $79.15 on Friday. iShares Morningstar Mid-Cap ETF has a 52-week low of $64.02 and a 52-week high of $82.52. The company has a market capitalization of $1.09 billion, a PE ratio of 52.42 and a beta of 1.07. The stock has a fifty day simple moving average of $76.17 and a two-hundred day simple moving average of $76.03.

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.