Nwam LLC Takes $939,000 Position in iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB)

Nwam LLC purchased a new position in shares of iShares Morningstar Mid-Cap ETF (NYSEARCA:IMCB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,353 shares of the company’s stock, valued at approximately $939,000. Nwam LLC owned approximately 0.10% of iShares Morningstar Mid-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in shares of iShares Morningstar Mid-Cap ETF by 12.1% in the third quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $110,000 after acquiring an additional 157 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in iShares Morningstar Mid-Cap ETF by 2.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,817 shares of the company’s stock worth $1,810,000 after purchasing an additional 578 shares in the last quarter. Norden Group LLC acquired a new stake in iShares Morningstar Mid-Cap ETF in the second quarter valued at approximately $240,000. Financial Perspectives Inc grew its holdings in iShares Morningstar Mid-Cap ETF by 3.7% in the second quarter. Financial Perspectives Inc now owns 4,480 shares of the company’s stock valued at $314,000 after purchasing an additional 159 shares during the period. Finally, Proactive Wealth Strategies LLC purchased a new stake in shares of iShares Morningstar Mid-Cap ETF in the third quarter valued at approximately $322,000. Institutional investors and hedge funds own 22.26% of the company’s stock.

iShares Morningstar Mid-Cap ETF Price Performance

Shares of NYSEARCA:IMCB opened at $81.50 on Friday. The business’s 50 day moving average price is $77.00 and its 200-day moving average price is $73.43. iShares Morningstar Mid-Cap ETF has a 1 year low of $61.85 and a 1 year high of $81.53. The firm has a market capitalization of $973.92 million, a price-to-earnings ratio of 53.97 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.