iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Acquired by PFG Investments LLC

PFG Investments LLC grew its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 20.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,937 shares of the company’s stock after purchasing an additional 1,009 shares during the quarter. PFG Investments LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $451,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Signaturefd LLC lifted its position in iShares Morningstar Mid-Cap ETF by 12.1% during the 3rd quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Morningstar Mid-Cap ETF by 2.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,817 shares of the company’s stock worth $1,810,000 after purchasing an additional 578 shares during the period. Norden Group LLC purchased a new stake in iShares Morningstar Mid-Cap ETF in the second quarter valued at approximately $240,000. Financial Perspectives Inc increased its holdings in iShares Morningstar Mid-Cap ETF by 3.7% in the 2nd quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock worth $314,000 after buying an additional 159 shares during the period. Finally, Marshall Financial Group LLC raised its position in iShares Morningstar Mid-Cap ETF by 10.5% during the 1st quarter. Marshall Financial Group LLC now owns 30,990 shares of the company’s stock worth $2,257,000 after buying an additional 2,954 shares during the last quarter. 22.26% of the stock is owned by hedge funds and other institutional investors.

iShares Morningstar Mid-Cap ETF Price Performance

IMCB stock opened at $76.45 on Wednesday. The company has a market capitalization of $913.58 million, a P/E ratio of 50.63 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 12 month low of $55.98 and a 12 month high of $77.79. The firm’s fifty day simple moving average is $75.17 and its 200-day simple moving average is $72.28.

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.