iShares Morningstar Mid-Cap ETF $IMCB Position Raised by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) by 14.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,073 shares of the company’s stock after purchasing an additional 15,182 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Morningstar Mid-Cap ETF were worth $9,767,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IMCB. HighTower Advisors LLC raised its stake in shares of iShares Morningstar Mid-Cap ETF by 3,833.4% in the 4th quarter. HighTower Advisors LLC now owns 1,846,327 shares of the company’s stock worth $152,747,000 after buying an additional 1,799,387 shares in the last quarter. Morgan Stanley grew its holdings in iShares Morningstar Mid-Cap ETF by 17.9% during the fourth quarter. Morgan Stanley now owns 1,501,549 shares of the company’s stock worth $124,223,000 after acquiring an additional 228,216 shares during the period. Fortitude Financial LLC acquired a new position in iShares Morningstar Mid-Cap ETF during the fourth quarter worth about $14,450,000. Wells Fargo & Company MN raised its position in iShares Morningstar Mid-Cap ETF by 148.4% in the fourth quarter. Wells Fargo & Company MN now owns 204,827 shares of the company’s stock worth $16,945,000 after acquiring an additional 122,352 shares in the last quarter. Finally, Northwest Wealth Advisors LLC bought a new stake in iShares Morningstar Mid-Cap ETF in the fourth quarter worth about $9,761,000. 22.26% of the stock is owned by institutional investors.

iShares Morningstar Mid-Cap ETF Trading Down 0.1%

Shares of NYSEARCA IMCB opened at $97.02 on Tuesday. iShares Morningstar Mid-Cap ETF has a twelve month low of $78.89 and a twelve month high of $97.76. The firm has a 50-day moving average of $93.92 and a two-hundred day moving average of $88.80. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 64.25 and a beta of 0.98.

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.