Truefg LLC Makes New Investment in iShares Morningstar Mid-Cap ETF $IMCB

Truefg LLC purchased a new stake in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,123 shares of the company’s stock, valued at approximately $784,000. iShares Morningstar Mid-Cap ETF accounts for approximately 0.2% of Truefg LLC’s portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IMCB. Kestra Advisory Services LLC lifted its holdings in iShares Morningstar Mid-Cap ETF by 14.9% during the first quarter. Kestra Advisory Services LLC now owns 117,073 shares of the company’s stock valued at $9,767,000 after purchasing an additional 15,182 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of iShares Morningstar Mid-Cap ETF in the first quarter valued at about $756,000. Pacific Financial Group Inc. increased its stake in shares of iShares Morningstar Mid-Cap ETF by 13.5% during the fourth quarter. Pacific Financial Group Inc. now owns 68,220 shares of the company’s stock worth $5,644,000 after purchasing an additional 8,105 shares in the last quarter. SB Capital Management Inc purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the fourth quarter worth about $559,000. Finally, Ritholtz Wealth Management purchased a new stake in shares of iShares Morningstar Mid-Cap ETF during the first quarter worth about $770,000. Hedge funds and other institutional investors own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Stock Up 0.2%

IMCB opened at $97.50 on Wednesday. iShares Morningstar Mid-Cap ETF has a twelve month low of $78.89 and a twelve month high of $101.37. The company has a 50-day moving average price of $97.91 and a 200 day moving average price of $94.40. The company has a market cap of $1.72 billion, a PE ratio of 64.57 and a beta of 0.99.

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.