Truefg LLC acquired a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,919 shares of the company’s stock, valued at approximately $748,000. iShares Morningstar Mid-Cap ETF accounts for approximately 0.2% of Truefg LLC’s portfolio, making the stock its 28th biggest holding.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. bought a new stake in shares of iShares Morningstar Mid-Cap ETF in the third quarter worth about $39,000. Signal Advisors Wealth LLC bought a new position in iShares Morningstar Mid-Cap ETF during the 3rd quarter valued at approximately $721,000. Matrix Trust Co purchased a new stake in iShares Morningstar Mid-Cap ETF in the 3rd quarter worth approximately $18,100,000. Envestnet Asset Management Inc. lifted its holdings in iShares Morningstar Mid-Cap ETF by 1.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 81,961 shares of the company’s stock worth $7,913,000 after buying an additional 860 shares during the period. Finally, IFP Advisors Inc lifted its holdings in iShares Morningstar Mid-Cap ETF by 2.5% in the 2nd quarter. IFP Advisors Inc now owns 5,216 shares of the company’s stock worth $504,000 after buying an additional 127 shares during the period. 22.26% of the stock is owned by institutional investors.
iShares Morningstar Mid-Cap ETF Stock Performance
Shares of IMCB stock opened at $96.38 on Thursday. The firm has a market cap of $1.70 billion, a P/E ratio of 63.83 and a beta of 0.99. iShares Morningstar Mid-Cap ETF has a fifty-two week low of $78.89 and a fifty-two week high of $101.37. The business’s 50 day moving average price is $97.86 and its 200-day moving average price is $94.49.
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.
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