Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Free Report) by 19.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,254 shares of the company’s stock after purchasing an additional 6,597 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Morningstar Mid-Cap ETF were worth $3,413,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada grew its position in iShares Morningstar Mid-Cap ETF by 0.8% during the first quarter. Royal Bank of Canada now owns 46,267 shares of the company’s stock worth $3,428,000 after buying an additional 369 shares in the last quarter. Creative Planning boosted its position in shares of iShares Morningstar Mid-Cap ETF by 13.9% during the 2nd quarter. Creative Planning now owns 4,592 shares of the company’s stock valued at $366,000 after acquiring an additional 562 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Morningstar Mid-Cap ETF by 4.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 25,892 shares of the company’s stock valued at $2,063,000 after acquiring an additional 993 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 3.3% during the second quarter. Bank of America Corp DE now owns 92,496 shares of the company’s stock worth $7,368,000 after purchasing an additional 2,983 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of iShares Morningstar Mid-Cap ETF by 1.1% during the second quarter. MML Investors Services LLC now owns 121,599 shares of the company’s stock worth $9,687,000 after purchasing an additional 1,298 shares in the last quarter. Institutional investors own 22.26% of the company’s stock.
iShares Morningstar Mid-Cap ETF Trading Up 0.7%
IMCB stock opened at $95.30 on Friday. The company’s 50 day moving average is $89.20 and its 200 day moving average is $86.31. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 63.11 and a beta of 0.99. iShares Morningstar Mid-Cap ETF has a 1-year low of $76.90 and a 1-year high of $95.44.
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.
Featured Articles
- Five stocks we like better than iShares Morningstar Mid-Cap ETF
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Want to see what other hedge funds are holding IMCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Free Report).
Receive News & Ratings for iShares Morningstar Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Morningstar Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
