Cetera Advisors LLC Grows Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Cetera Advisors LLC boosted its holdings in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 42.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,745 shares of the company’s stock after buying an additional 15,783 shares during the quarter. Cetera Advisors LLC owned 0.44% of iShares Morningstar Mid-Cap ETF worth $3,841,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IMCB. International Assets Investment Management LLC bought a new stake in shares of iShares Morningstar Mid-Cap ETF in the fourth quarter worth $1,635,000. Means Investment CO. Inc. increased its position in shares of iShares Morningstar Mid-Cap ETF by 17.5% during the 4th quarter. Means Investment CO. Inc. now owns 101,923 shares of the company’s stock valued at $6,842,000 after purchasing an additional 15,179 shares during the last quarter. RFG Advisory LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the 4th quarter valued at about $204,000. Cerity Partners LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF in the 4th quarter worth approximately $1,535,000. Finally, Western Wealth Management LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF in the fourth quarter worth approximately $222,000. Institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Down 2.1 %

NYSEARCA:IMCB traded down $1.48 during mid-day trading on Friday, hitting $70.49. 29,493 shares of the company traded hands, compared to its average volume of 21,571. The stock’s fifty day moving average price is $70.87 and its 200-day moving average price is $70.12. The firm has a market cap of $842.38 million, a price-to-earnings ratio of 46.68 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a one year low of $55.98 and a one year high of $73.50.

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.