iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) Shares Sold by Steele Capital Management Inc.

Steele Capital Management Inc. reduced its stake in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 174,202 shares of the company’s stock after selling 605 shares during the period. Steele Capital Management Inc. owned approximately 1.46% of iShares Morningstar Mid-Cap ETF worth $13,265,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. J.W. Cole Advisors Inc. lifted its position in iShares Morningstar Mid-Cap ETF by 3.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 13,043 shares of the company’s stock valued at $993,000 after purchasing an additional 401 shares during the period. Sunburst Financial Group LLC lifted its position in iShares Morningstar Mid-Cap ETF by 2.0% during the fourth quarter. Sunburst Financial Group LLC now owns 102,137 shares of the company’s stock valued at $7,778,000 after purchasing an additional 1,980 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at $1,496,000. Stratos Wealth Partners LTD. acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter valued at $4,494,000. Finally, Means Investment CO. Inc. lifted its position in iShares Morningstar Mid-Cap ETF by 11.3% during the fourth quarter. Means Investment CO. Inc. now owns 157,560 shares of the company’s stock valued at $11,998,000 after purchasing an additional 16,050 shares during the period. 22.26% of the stock is currently owned by institutional investors and hedge funds.

iShares Morningstar Mid-Cap ETF Price Performance

NYSEARCA IMCB opened at $79.31 on Tuesday. The company has a market capitalization of $947.75 million, a PE ratio of 52.52 and a beta of 0.98. The company has a fifty day moving average of $78.24 and a 200 day moving average of $76.82. iShares Morningstar Mid-Cap ETF has a 1 year low of $67.75 and a 1 year high of $82.52.

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.