B. Riley Wealth Advisors Inc. Sells 738 Shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

B. Riley Wealth Advisors Inc. lowered its position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 13.4% during the fourth quarter, HoldingsChannel reports. The fund owned 4,783 shares of the company’s stock after selling 738 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares Morningstar Mid-Cap ETF were worth $321,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. ICA Group Wealth Management LLC bought a new stake in iShares Morningstar Mid-Cap ETF during the 4th quarter worth $80,000. Parallel Advisors LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter valued at about $39,000. Cambridge Investment Research Advisors Inc. grew its position in shares of iShares Morningstar Mid-Cap ETF by 0.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 53,433 shares of the company’s stock valued at $3,587,000 after buying an additional 172 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of iShares Morningstar Mid-Cap ETF by 13.6% in the 4th quarter. Corient Private Wealth LLC now owns 41,173 shares of the company’s stock valued at $2,764,000 after buying an additional 4,930 shares during the last quarter. Finally, Bedel Financial Consulting Inc. grew its position in shares of iShares Morningstar Mid-Cap ETF by 23.2% in the 4th quarter. Bedel Financial Consulting Inc. now owns 21,234 shares of the company’s stock valued at $1,425,000 after buying an additional 4,004 shares during the last quarter. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Trading Down 0.6 %

NYSEARCA IMCB opened at $70.29 on Wednesday. The business’s 50-day moving average price is $70.40 and its two-hundred day moving average price is $69.18. iShares Morningstar Mid-Cap ETF has a 12 month low of $55.98 and a 12 month high of $72.92. The firm has a market capitalization of $839.97 million, a PE ratio of 46.55 and a beta of 0.98.

iShares Morningstar Mid-Cap ETF 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.