iShares Morningstar Mid-Cap ETF $IMCB Stake Lifted by Financial Perspectives Inc

Financial Perspectives Inc grew its holdings in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 4.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 6,138 shares of the company’s stock after acquiring an additional 243 shares during the quarter. Financial Perspectives Inc’s holdings in iShares Morningstar Mid-Cap ETF were worth $489,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Goldstein Advisors LLC boosted its position in iShares Morningstar Mid-Cap ETF by 4.6% during the 2nd quarter. Goldstein Advisors LLC now owns 39,303 shares of the company’s stock worth $3,131,000 after acquiring an additional 1,729 shares during the period. CWM LLC boosted its position in iShares Morningstar Mid-Cap ETF by 3.8% during the 2nd quarter. CWM LLC now owns 13,933 shares of the company’s stock worth $1,110,000 after acquiring an additional 515 shares during the period. Means Investment CO. Inc. boosted its position in iShares Morningstar Mid-Cap ETF by 5.3% during the 2nd quarter. Means Investment CO. Inc. now owns 319,053 shares of the company’s stock worth $25,416,000 after acquiring an additional 16,126 shares during the period. Edge Financial Advisors LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the 2nd quarter worth $250,000. Finally, Detalus Advisors LLC boosted its position in iShares Morningstar Mid-Cap ETF by 6.9% during the 2nd quarter. Detalus Advisors LLC now owns 3,184 shares of the company’s stock worth $254,000 after acquiring an additional 205 shares during the period. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Performance

Shares of IMCB stock opened at $81.93 on Monday. iShares Morningstar Mid-Cap ETF has a 1 year low of $64.02 and a 1 year high of $83.95. The stock has a fifty day moving average of $82.30 and a two-hundred day moving average of $78.61. The firm has a market capitalization of $1.20 billion, a PE ratio of 54.26 and a beta of 1.07.

About iShares Morningstar Mid-Cap ETF

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.