Jim Saulnier & Associates LLC Invests $1.12 Million in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Jim Saulnier & Associates LLC bought a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,777 shares of the company’s stock, valued at approximately $1,123,000. iShares Morningstar Mid-Cap ETF accounts for about 1.1% of Jim Saulnier & Associates LLC’s investment portfolio, making the stock its 22nd biggest position. Jim Saulnier & Associates LLC owned 0.12% of iShares Morningstar Mid-Cap ETF as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. S.A. Mason LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 1.2% during the third quarter. S.A. Mason LLC now owns 11,724 shares of the company’s stock worth $891,000 after purchasing an additional 144 shares during the period. Signaturefd LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 12.1% during the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after purchasing an additional 157 shares during the period. Financial Perspectives Inc increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 3.7% during the second quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock worth $314,000 after purchasing an additional 159 shares during the period. Axiom Advisory LLC increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 1.9% during the third quarter. Axiom Advisory LLC now owns 12,033 shares of the company’s stock worth $874,000 after purchasing an additional 220 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its holdings in shares of iShares Morningstar Mid-Cap ETF by 4.0% during the third quarter. Creative Financial Designs Inc. ADV now owns 5,764 shares of the company’s stock worth $438,000 after purchasing an additional 222 shares during the period. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Up 1.1 %

Shares of IMCB opened at $81.50 on Friday. The firm’s 50 day moving average is $77.00 and its 200-day moving average is $73.43. The stock has a market capitalization of $973.92 million, a PE ratio of 53.97 and a beta of 0.98. iShares Morningstar Mid-Cap ETF has a 12 month low of $61.85 and a 12 month high of $81.53.

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.