iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCBGet Free Report) shares saw strong trading volume on Thursday . Approximately 106,657 shares were traded during trading, an increase of 153% from the previous session’s volume of 42,139 shares.The stock last traded at $97.34 and had previously closed at $96.27.

iShares Morningstar Mid-Cap ETF Price Performance

The company has a market cap of $1.65 billion, a P/E ratio of 64.44 and a beta of 0.98. The stock has a 50-day moving average of $93.46 and a 200 day moving average of $88.52.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in IMCB. Olistico Wealth LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter valued at $25,000. International Assets Investment Management LLC acquired a new position in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter worth $25,000. Blair William & Co. IL lifted its position in shares of iShares Morningstar Mid-Cap ETF by 2,005.3% during the 4th quarter. Blair William & Co. IL now owns 400 shares of the company’s stock worth $33,000 after buying an additional 381 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in iShares Morningstar Mid-Cap ETF in the fourth quarter valued at about $40,000. Finally, Capital Investment Advisory Services LLC grew its position in iShares Morningstar Mid-Cap ETF by 50.0% in the fourth quarter. Capital Investment Advisory Services LLC now owns 498 shares of the company’s stock valued at $41,000 after acquiring an additional 166 shares during the last quarter. 22.26% of the stock is owned by institutional investors.

About iShares Morningstar Mid-Cap ETF

(Get Free Report)

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.

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